Gross says investors should prepare for end to double-digit price gains for markets
October 15, 2019
Bill Gross warns of slow growth and sluggish markets
October 15, 2019
Institutional Investor
By Amy Whyte
15 October 2019
The retired bond king has returned not to investing, but another favorite pastime: writing about the market.
What’s a former bond king to do in retirement? Bill Gross, co-founder of Pimco, is getting back to an occupation he was once well known for: writing investment outlooks.
Gross, who stepped down as a portfolio manager at Janus Henderson Investors in February, first rose to fame while managing the Pimco Total Return fund. But he gained notoriety for his colorful investment outlooks. These monthly essays were ostensibly written about the bond market, but were as likely to include an original poem or reference to the “half erotic” release of a sneeze as they were to discuss interest rates. One post, published in April 2014, was a eulogy to his then-recently deceased cat, Bob.
Now, eight months into his retirement from managing client capital, Gross has resurfaced with a new website containing an archive of his past writings, as well as a new piece published Tuesday.
