Bill Gross on China, Secular Stagnation, and the Highly Leveraged “Negative Carry” Environment
Thursday, January 7, 2016 16:13
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by Mike “Mish” Shedlock
MISH’S Global Economic Trend Analysis
In a Bloomberg TV Interview, Bill Gross of Janus Capital spoke with Bloomberg’s Tom Keene about the state of the global economy.
[...] The interview and transcript below are well worth the time. Gross’ thoughts on negative carry are particularly interesting. I offer my comments beneath the transcript.
Partial Transcript
TOM KEENE: Bill, good morning to you, thrilled to speak to you tomorrow on the jobs report. Let’s talk about the more urgent matters of this market. First of all, Bill, China is the topic. Is this about China and their stock market? Or is there more going on on this January afternoon?
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Source: http://financialsurvivalnetwork.com/2016/01/bill-gross-on-china-secular-stagnation-and-the-highly-leveraged-negative-carry-environment/?utm_source=rss&utm_medium=rss&utm_campaign=bill-gross-on-china-secular-stagnation-and-the-highly-leveraged-neg
