Bill Gross of PIMCO

Quote from Rickshaw Man:

Gross: After open, stock mkt doesn’t move ‘til close. Very strange. Fast trades clipping .01’s but little risk taking. New form capitalism

Its called a bull market Bill, and this isnt unprecedented, volatility tends to be very low in bull markets, afterall this is the only way to build confidence. Who would want to invest for the "long term" if the market is swinging 1-2% up/down on a daily basis?
 
Back
Top