Top value investor Mario Gabelli is high on stocks in the automobile, cloud computing, and snack food industries in 2012. Speaking as part of Barron’s 2012 Roundtable, Gabelli says big growth in auto sales in China, as well as an aging fleet of existing vehicles and the need for different types of trucks due to [...]
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Tag Archives: Bill Gross
Gross: “Great Risk” Ahead
January 10, 2012
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Heading into 2012, PIMCO’s Bill Gross sees a world of “fatter tails” and “great risk” for global economies and financial markets. “In the face of a delevering zero-bound interest rate world, investors must lower return expectations,” Gross writes in his latest commentary on PIMCO’s site. “2–5% for stocks, bonds and commodities are expected long term [...]
Read moreGross: Low Rates May Be Obstructing Recovery
December 19, 2011
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Could central banks’ near-zero interest rate policies actually be hampering growth rather than stimulating it? PIMCO’s Bill Gross says that may well be the case. In an op-ed piece for the Financial Times, Gross says that “Historically, central banks have comfortably relied on a model which dictates that lower and lower yields will stimulate aggregate [...]
Read moreGross & El-Erian See Weak Growth, and the Need for Gov’t Spending
October 28, 2011
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In a rare joint interview, PIMCO’s Mohamed El-Erian and Bill Gross say that the US will continue to experience slow growth because of structural problems with the economy, and that the public sector must step in and spend money in areas in which the private sector isn’t willing to do so. Gross tells WealthTrack’s Consuelo [...]
Read moreGross: Fix Labor If You Want To Fix Wall Street
October 4, 2011
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PIMCO’s Bill Gross says that America must focus on helping its laborers if it wants to help the economy — and Wall Street. “Long-term profits cannot ultimately grow unless they are partnered with near equal benefits for labor,” Gross writes in his latest investment outlook. “Washington, London, Berlin and yes, even Beijing must accept this [...]
Read moreGross: Fed Policies May Be Destroying Credit, Not Creating It
September 7, 2011
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The Federal Reserve has for the past few years maintained a low interest rate policy in order to make credit easier to obtain and growth easier to come by. But PIMCO’s Bill Gross says that policy — and the Fed’s announcement that it will continue it for the next two years — may be having [...]
Read moreGross: International Love Affairs on The Rocks
September 2, 2011
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PIMCO’s Bill Gross says several deteriorating international relationships are having a big impact on the investment landscape. In his latest investment commentary, Gross looks at three areas with on-the-rocks “love affairs”: the Eurozone, where some nations are having to pick up the slack for others that are languishing; the U.S., where tensions are increasing between [...]
Read morePass Debt Ceiling and Start Jobs Agency, Gross Says
July 19, 2011
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PIMCO’s Bill Gross says the U.S. needs to pass debt ceiling legislation, and develop a government-directed investment bank that helps put people to work. “It’s what’s required during periods of time in which unemployment is high and the private sector refuses to invest going forward in the capital markets and in capital spending,” Gross tells [...]
Read moreGross On The Deficit, and Big Blue Chips
May 27, 2011
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PIMCO’s Bill Gross says he doesn’t think the U.S. will seriously tackle its deficit issues until the 2012 presidential election, and says blue-chip U.S. stocks are a “much more attractive” alternative to Treasuries based on their current yields. “It’s obvious that both Democrats and Republicans want to address the problems with spending and, yes, want [...]
Read moreGross: Entitlements Must Be Reformed
April 7, 2011
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PIMCO Co-Chief Investment officer Bill Gross says that if the U.S. doesn’t reform entitlement programs like Medicare and Social Security and/or raise taxes, it will default on its debts — though not in the traditional sense of “defaulting”. “Without attacking entitlements — Medicare, Medicaid and Social Security — we are smelling $1 trillion deficits as [...]
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