Parsad Posted March 11, 2011 Share Posted March 11, 2011 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 More sharing options...
Viking Posted March 11, 2011 Share Posted March 11, 2011 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 More sharing options...
goldfinger Posted March 11, 2011 Share Posted March 11, 2011 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 More sharing options...
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