Showing posts with label Bill Gross. Show all posts
Showing posts with label Bill Gross. Show all posts

"Global populism is the wave of the future, but it has taken a wrong turn in America. Investors must drive with caution, understanding that higher deficits resulting from lower taxes raise interest rates and inflation, which in turn have the potential to produce lower earnings and P/E (price-earnings) ratios." - Bill Gross

0 annotations
"Global populism is the wave of the future, but it has taken a wrong turn in America. Investors must drive with caution, understanding that higher deficits resulting from lower taxes raise interest rates and inflation, which in turn have the potential to produce lower earnings and P/E (price-earnings) ratios." - Bill Gross
Full quote »