by Tekoa Da Silva, Bull Market Thinking:
Bill Gross, founder of Pimco, the world’s largest bond fund with over $1.92 trillion under management, penned a new piece this morning entitled, “Survival Of The Fittest?“
In this editorial he indicates that an ongoing $1 trillion annual expansion of the Fed’s balance sheet has ultimately disastrous consequences—ie. death and/or destruction to certain parts of the economy.
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