Bill Gross on Deflation, Stocks, and Bob Prechter’s Debt Destruction

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Bill Gross on Deflation, Stocks, and Bob Prechter’s Debt Destruction

Bond legend Bill Gross shared his latest outlook with CNN Money – and I was glad to see him weigh in on deflation in particular: What about the possibility of deflation occurring? We’re in a struggle between inflation and deflation right now. We may never get to a negative consumer price index, but the danger […]

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Why Marc Faber Doubts, But Doesn’t Dismiss, Prechter’s DOW 1000 Prediction

But – Dr. Doom does not dismiss Prechter’s call altogether (Details on Prechter’s latest predictions here).  CNBC reports on Faber’s outlook in his August 2010 Doom, Boom, Gloom Report newsletter: Marc Faber says before dismissing Prechter as a lunatic you should look at his record. In 1978 when he predicted the Dow would reach 2,300 […]

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