The whore at PIMCO

[convexxx]

"PIMCO'S GROSS SAYS THE FED WILL CUT IN MARCH AND SEES THE FED LOWERING RATES TO 4 - 4.25% IN 12 MONTHS"

Sorry for the caps, it's a cut and paste from a news service. I'd bet a year's salary he was long Euro when being quoted.

 

[Arnie]

Yea, I couldn't believe the bs parade CNBC put on with all those bond bulls, not just Gross. I was throwing stuff at the tee vee. Then I shorted bonds.

 

[Covertibility]

What ever happened to those "bond market is gonna crash" people from a few years ago? The 10 year was at 4.50% when the Fed began bringing up the fed funds rate, now the 10 year is at 4.75%. I miss those people and the Weimar fans.

 

[scriabinop23]

Quote from convexxx:

"PIMCO'S GROSS SAYS THE FED WILL CUT IN MARCH AND SEES THE FED LOWERING RATES TO 4 - 4.25% IN 12 MONTHS"

Sorry for the caps, it's a cut and paste from a news service. I'd bet a year's salary he was long Euro when being quoted.

You mean, PIMPCO.

 

[local_crusher]

what a genius.

one look at fed funds futures or eurodollars shows that the mkt is anticipating 1 or 2 steps of lowering in
FF, i.e. 25 or 50 bps

probability for 25 bps > 90%
and some 50% for another 25 bps
in early 08.

 

[phoenix3]

Buy bonds. Buy stocks. Buy somethin!

 

[TheDudeofLife]

I suspect Bill Gross may have ties to similar Republican (ASSet Management ) camps that spin the reallity that Mr Mark Foley speaks to.... there are no absolutes...believe in this..... perception is reality my friend.....vote GOP...buy a new Car...

 

[inandlong]

convexxx my brutha.... please PM me with current email addy. Thanks man. Congrats on XX, hope all goes well. My best to S&G.

 

[drsteph]

Quote from convexxx:

"PIMCO'S GROSS SAYS THE FED WILL CUT IN MARCH AND SEES THE FED LOWERING RATES TO 4 - 4.25% IN 12 MONTHS"

Sorry for the caps, it's a cut and paste from a news service. I'd bet a year's salary he was long Euro when being quoted.

Actually, he's long his own floating rate products. + 75K PFN since last year current market value about 1.4 million. Hasn't sold out of it yet.


http://finance.yahoo.com/q/it?s=PFN

 

[NTB]

The guy is a billionaire, I doubt he cares much about his $1.4 Million position. He is the best bond trader in the world proven over 20+ years. He's not a flash in the pan.