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Financial Times perspective: investors living in ‘dreamland’ brought on by central banks, warns Bill Gross
"Pimco founder Bill Gross says stimulus and low interest rates have created ‘dangerous’ situation," writes Robin Wigglesworth for the Financial Times.
One of the bond market's best known voices belongs to Bill Gross (77), co-founder in 1971 of the massive Pacific Investment Management Co (PIMCO). At many years Gross ran the company's flagship $270bn Total Return Fund. And when he speaks, everyone who wants to know where interest rates are headed listens. Attentively. – Alec Hogg
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