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Bill Gross says a US recession is coming in Q4: 'Higher for longer' is yesterday’s mantra

Bill Gross says a US recession is coming in Q4: 'Higher for longer' is yesterday’s mantra
First Bill Ackman, now Bill Gross.Here's what the retired bond king has to say about the economy now."Regional bank carnage and recent rise in auto delinquencies to long-term historical highs indicate U.S. economy slowing significantly. Recession in 4th quarter. Best investments are equity arbs (CPRI and SGEN. VMW a long shot). I’m seriously considering regional banks again."and:"Maybe next week. Will tweet. On bonds. Invest in the curve. Various combinations 2/10, 2/5. Should go positive before... Read More
Posted: Oct 23 2023, 15:24
Author Name: forexlive
Views: 092037

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