Ladies and Gentlemen, I give you…QE2

Fed to Buy Extra $600 Billion of Treasuries to Boost Growth The number was widely expected. The reaction from Wall Street mixed. But at the close of trading on Wednesday, the equity markets spoke for themselves and all indices closed the day higher; the Dow having reached its highest level in two-years at 11,215 and … Continue reading

InvestorJabber: PIMCO’s Outlook & Authority

Vigilante on the move Pimco’s Gross: Better Uses for Government Spending “Capitalism depends upon final demand and that if there ever comes a time when population growth slows, then the world’s most efficient economic system will be tested,” he wrote. Gross Rolls Down Curve for Non-Normal Bond Returns “What we think is most attractive is … Continue reading

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