Bill Gross Releases New Investment Outlook, ‘ Time Traveler’

LAGUNA BEACH, Calif., March 22, 2024 /PRNewswire/ — Legendary bond and fixed income pioneer William H. (Bill) Gross today released a new Investment Outlook, “Time Traveler”. In his latest Outlook, Mr. Gross cites former Fed Chairman Alan Greenspan’s infamous “irrational exuberance” comment to characterize markets since 2022. “But ‘how will we know’ as Greenspan once queried?,” writes Mr. Gross. “Hard to say. An investor can only gauge a measure of his/her own exuberance and assume it somewhat resembles the masses. That and high Shiller P/Es and the potential for Fed cuts in the second half of 2024. And continuing fiscal deficits in the $1-2 trillion range as far as one can see will continue to prop up the economy.”