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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (71767)3/9/2011 10:45:17 PM
From: TobagoJack  Read Replies (1) | Respond to of 217544
 
just in in-tray,

From: A
Sent: Thu, March 10, 2011 10:45:26 AM
Subject: Pimco fund cuts US bond holdings to zero

(FT:) Pimco fund cuts US bond holdings to zero

"Pimco’s $237bn total return fund, managed by Bill Gross, has cut its holdings of US government-related paper to zero for the first time in the history of the firm’s flagship investment vehicle."

I like how Pimco does not mince words. The only way to arbitrage Bill Gross is via his intellectual loneliness, these investment articles he felt compelled to write, nominally to pensions and other Pimco investors. But Pimco does not mince words, zero is zero, it would be funny if Bill Gross ended his perfect investment career on the note of being the bag holder for the biggest Bond Ponzi Scheme in the entire human history ... just shows for some, it's probably better to die young, stay pretty, especially private bankers serving exclusively US$ billionaires, once they become mothers, they quit, like Gross to UST, zilch, is zilch.