Jump to content

PIMCO Sells Treasuries as Fairfax Buys


Parsad
 Share

Recommended Posts

Article on how Bill Gross has sold all of his treasuries, whereas Fairfax is betting on bouts of deflation as the deleveraging process continues.

 

http://www.theglobeandmail.com/globe-investor/investment-ideas/streetwise/pimco-sells-treasuries-as-fairfax-buys/article1937158/

 

Frankly, if I had to bet on Bill Gross or Brian Bradstreet, I would pick Brian hands-down!  Cheers!

Link to comment
Share on other sites

Given the extreme level of government (i.e. fed) involvement in financial markets I am having a hard time making sense of things. I underestimated the markets reaction to Quatitative Easing by the fed; seems reasonable to me to expect some downside risk when fed announces it is done. Lots of nervous people with itchy trigger fingers...

Link to comment
Share on other sites

I underestimated the markets reaction to Quatitative Easing by the fed; seems reasonable to me to expect some downside risk when fed announces it is done. Lots of nervous people with itchy trigger fingers...

 

Some key members of the FED already hinted at the possibility of QE3 since MENA events happened and oil skyrocketed.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...