Bill Gross Calls for Nationalization of Fannie, Freddie

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Bill Gross Calls for Nationalization of Fannie, Freddie

PIMCO’s Bill Gross today urged the US government to go “all in” in the nationalization of the mortgage finance system: Bloomberg reports: “To suggest that there’s a large place for private financing in the future of housing finance is unrealistic,” Gross said today at a U.S. Treasury Department conference in Washington. “Government is part of […]

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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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