Bill Gross Successor Bets $35 Million On Repo Madness
Paying dollars directly into the banking system now and taking yen back pays 3.7% for a one-week placement. The banks need cash. What could go wrong?
Recent
Stock Pickers Are Just Imagining an Index Bubble
Facing an existential crisis, active managers are now trying to scare investors out of index funds by hanging the dreaded B-word on indexing.
How Bill Gates Keeps Growing His Wealth At Age 63
Forget the Bogle rule of bonds equal to your age. The Microsoft mogul is still in deep wealth accumulation mode and not simply circling the wagons.
Petroleum's Biggest One-Day Surge Ever
For oil markets, it’s the single worst sudden disruption ever, surpassing the loss of Kuwaiti and Iraqi petroleum supply in August 1990.
Gundlach Sees 3-1 Recession Odds, Hates Corporate Bonds And Housing Too
The Bond King's latest presentation "The Greatest Economy Ever" drips with sarcasm and pessimism for whole asset classes. He likes Liz Warren too.
Citigroup's Stock Bear Finally Gives Up With S&P 500 on Cusp of Record
While stocks have edged up, investor sentiment is far from bullish. In fact, Citi’s Panic/Euphoria Model recently showed near-panic readings.
Is This Warren Buffett's Nightmare Scenario?
Earlier this year Berkshire Hathaway chairman Warren Buffett discussed his nightmare scenario. Since then his cash position has expanded dramatically.
