Bill Ackman is focusing on core long-term holdings. Ackman's strategy shift has Buffett-like qualities. Pershing Square has core portfolio holdings.
The economist says the true inflation rate is 'well north of 10%'. Soaring inflation is going to get worse, creating dire consequences for the U.S.
"It's dangerous," Gross warned of loose monetary policy. "It's dreamland that's been supported by interest rates that aren't where they should be."
“Our concern for our clients is so significant that I get really upset when I think that they’re selling at the low or the other way around..."