Friday, May 10, 2013

Bill Gross Bond Secular Bull Market Over


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-------- Original Message --------
Subject: RE: bond market died (again)
Date: Fri, 10 May 2013 09:44:42 -0700
From: Jas Jain

Date: Fri, 10 May 2013 17:32:23 +0100

Subject: bond market died (again)
To: jas_jain

Gross used his now favorite public service distribution medium, twitter, to announced that "The secular 30-yr bull market in bonds likely ended 4/29/2013."

http://www.zerohedge.com/news/2013-05-10/bill-gross-tweets-bond-bull-market-dead-even-pimco-loads-most-government-bonds-three

What can I say, America is full of born-and-bred dopes and economics morons like Bill Gross. These morons never learn from their past mistakes and keep making the same mistake again and again and again. Gross's record on forecasting US Treasury bonds is gross, simply horrible. Only dopes would call such an economics ignoramus Bond King.

Jas

Speaking of dopey calls:  =>Bear Market Model

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