Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques. Bill Gross austeritybondcheque share on social
Favouring employment versus the financial markets is a decent policy; certainly not beneficial for the currency or the gilt market, but beneficial for the people. Bill Gross beneficialcurrencydecent Change image and share on social
It's going to be difficult to stimulate the real economy in the U.S. at a faster rate than 2 percent and perhaps even less if we have that fiscal cliff in December or January 2013. Bill Gross cliffdecemberdifficult Change image and share on social
My clients don't pay me to feel sorry; they pay me to bring them money. I am tough, but I have a soft side. Bill Gross bringclientfeel Change image and share on social
Ex-Fidelity mutual fund manager Peter Lynch was certainly brilliant in one respect: he knew to get out when the gettin' was good. Bill Gross brilliantfidelityfund Change image and share on social
In terms of economic growth, PIMCO originated the famous phrase the 'new normal.' Bill Gross economicfamousgrowth Change image and share on social
Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP. Bill Gross accompanydebtdeficit Change image and share on social
Human nature means that institutions at some point lose their sense of mission. That sense of vulnerability drives Pimco. Bill Gross drivehumaninstitution Change image and share on social
If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money. Bill Gross assetcreationfinancial Change image and share on social
People have different impressions of themselves, and where reality lies is somewhere in between. Bill Gross impressionliepeople Change image and share on social
