Human nature means that institutions at some point lose their sense of mission. That sense of vulnerability drives Pimco.

quote by Bill Gross
Submitted by Lucian Velea
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Americans now know that housing prices can go down and they can go down by 10, 20, 30, and in some cases, 40 or 50 percent. We know they can go down. But five years ago, we thought they could only go up.

quote by Bill Gross
Submitted by Lucian Velea
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Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go.

quote by Bill Gross
Submitted by Lucian Velea
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