The Savings Function Has Been Destroyed. Says Bill Gross, the Original Bond King.
#interestrates #inflation #bonds #stocks #debt #Fed #CentralBanking #QE #ZIRP #markets #bubbles #investing #economy
Today we will touch upon the destruction of the bond and stock markets as a savings and investment vehicle.
We will reference Bill Gross, the founder and former CEO of PIMCO, and why Central Banking policy has and will continue to be a disaster for investors and the economy.
We will also be doing our usual Sunday Q & A session.
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