Gross Says Due to Lingering Inflation Investors Might Think Twice

    According to Bloomberg News, Bill Gross, who was a bond king at one time, has warned in a self-published book that investors must be cautious and not expect much in returns. The book has details about a wide array of subjects, including how he had to exit from Pacific Investment Management Co.

    What’s in the memoir?

    In the memoir, Gross said that inflation would likely persist amid escalating government debt in the memoir. The memoir is titled, ‘Still Standing’. He has also said the 2% target of the Federal Reserve is illusionary. He has also told that the yields on 10-year Treasuries may become twice in the following decades unless the Federal Reserve continues to buy the bonds. 

    US consumer prices surged 7.5% in January. This is the fastest ever in the last four decades, leading to rare losses simultaneously for the bonds and stocks. A Bloomberg index that tracks 60-40 portfolios of bonds and stocks has dropped by 6.7% in the current year, leading to the worst return annually since 2008. 

    Bloomberg News reports that Gross was the co-founder of Newport Beach, California-based PIMCO in 1971 and surged to its zenith in the financial world after making it grow to a fixed-income giant. In 2014, he decided to exit the firm following differences with the other executives. 

    He has written in his memoir that he was forced to leave PIMCO because he had a confrontation with the chief executive officer of Allianz SE, the parent company. 

    Gross moved to the company, which Janus Henderson Group Plc now knows. In his book, he has acknowledged that although he made at Janus for the investors, the returns he earned were not at par with the industry standards. After that, he took responsibility for riskier attributes like managing unconstrained funds but said that perhaps he should not have agreed to the new role. 

    The other topics that Gross has covered in his book were related to Cathie Wood’s Ark Investment Management. Talking about cryptocurrencies, Gross stated that he has invested only a small percentage as digital assets in Bitcoin and is anticipating that it might escalate more than the S&P 500


    RELATED ARTICLES

    Pookie Baba

    Is Pookie Baba Real? Internet Reacts in India

    In the short-evolving global of virtual content and meme culture, few personalities have captured the...
    When was Studio Ghibli founded

    When Was Studio Ghibli Founded: Japan’s Iconic Animation Legacy

    Studio Ghibli is a popular Japanese animation studio, known by many for its stunning movies,...
    US-Ukraine talks

    US-Ukraine Talks: Zelensky Seeks Meaningful Outcomes Amid War

    Ukrainian President Volodymyr Zelensky hopes the subsequent talks between Ukraine and the United States will...
    OTT platforms

    OTT Platforms: Reviving Local Languages, Culture, and Heritage in India

    OTT systems have revolutionized content material intake in India, presenting audiences with admission to numerous...
    mental health

    Mental Health Awareness In India: Breaking The Stigma In 2025

    One of the aspects of our overall well-being is mental health, and it should not...
    women safety in India

    Women Safety in India: Key policy changes and ongoing challenges

    For an extended period, Indian society has maintained women's safety as both domestic and international...

    MORE ARTICLES

    wellhealthorganic yurovskiy kirill

    WellHealthOrganic Yurovskiy Kirill: Your AI Health Guide is Here!

    WellHealthOrganic yurovskiy kirill is leading the charge in revolutionizing personalized healthcare. Are you tired of...
    Wheon Gaming

    Wheon Gaming: A New Frontier in Online Entertainment

    In this constantly changing digital era, Wheon Gaming has become a force to be reckoned...
    Wellhealthorganic.com protein

    Everything About Wellhealthorganic.com Protein & Its Benefits

    In today’s health-conscious international, protein has emerged as the cornerstone of fitness, well-being, and ultimate...
    5starsstocks.com Materials

    5starsstocks.com Materials: Expert-curated Stock Data

    In the world of the stock market, which is all about smart investments, knowledge is...
    Well Health Organic Best Health Care

    Well Health Organic Best Health Care Guide

    In the present age of rapid change, many people are turning to natural options for...