Bond investor Bill Gross ramped up his criticism of the Federal Reserve today, characterizing chair Janet Yellen and her predecessors and contemporaries at other central banks of mastering "the art of market manipulation."
Jeffrey Gundlach, chief executive of DoubleLine Capital, said today his firm sold all of its European equities holdings before the market closed yesterday, following a strong rally in global stocks.
Jeffrey Gundlach, chief executive of DoubleLine Capital, said on Friday that investors are dropping risky assets from their portfolios because of falling global Gross Domestic Product expectations, fueled by China's slowing growth, and the intensifying U.S. presidential race.
The next big monetary and fiscal policy move should include an airdrop of "money from helicopters" to stimulate the U.S. economy and avoid an extended recession, says Bill Gross, a portfolio manager at Janus Capital Group Inc.
Mohamed El-Erian, the chief economic adviser at Allianz SE, said on Monday he expects this week's Federal Reserve policy-setting meeting to set the stage for a June interest rate hike.
Investors pulled $1.57 million in February from the Janus Global Unconstrained Bond Fund run by closely followed investor Bill Gross, down from cash withdrawals of $14 million in January, Morningst
Ray Dalio, founder of the world's largest hedge fund Bridgewater Associates, says the next big monetary and fiscal move should include an airdrop of money from helicopters to stimulate the U.S. economy.
Jeffrey Gundlach, the co-founder and chief executive officer of DoubleLine Capital, said on Thursday that gold prices are likely to reach $1400 an ounce as investors lose faith in central banks.
