If Bill Gross of Pimco dumps all U.S. bonds in his portfolio and Carl Icahn returns $1.6 billion to his investors, one might be a little concerned that the proverbial sh*t is going to hit the proverbial fan soon...any thoughts?
1 posted on
03/09/2011 10:11:53 PM PST by
Stayfree
To: Stayfree
They think the GOP is going to tie the credit increase to something that Obama and the Dems won’t agree too. They have not faith that the Dems and the GOP is going to work together.
2 posted on
03/09/2011 10:14:07 PM PST by
dila813
To: Stayfree
I am open to suggestions, for those of us not in a position to buy farmland, chickens, and a gun.
3 posted on
03/09/2011 10:14:08 PM PST by
silverleaf
(All that is necessary for evil to succeed, is that good men do nothing)
To: Stayfree
11 posted on
03/09/2011 10:28:00 PM PST by
TruthConquers
( Delendae sunt publicae scholae)
To: Stayfree
PIMCO dumped all government securities back in Jan 2009 too. And the world didn’t come to an end.
Bond funds aren’t like holding bonds to maturity yourself. They way money flows in and out of them, they are a whole lot like an equity fund, without the returns. Never had much respect for them.
17 posted on
03/09/2011 10:40:24 PM PST by
DannyTN
To: Stayfree
We are in deep crap.
Financially close to insolvency.
Deeply divided between two incompatible philosophies.
Printing money like mad.
A significant portion of the populace hates their country
Increasingly dependent externally for manufactured items.
Revolution brewing in Wisconsin.
Unwilling to protect our own borders.
Populace addicted to living above their means.
Shrinking middle class.
Military engagements with no real end.
Multiple combinations of foreign nations seeking to end our ability to influence events.
I could go on a long time. There isn't any getting out of this. Making sure that is the old republic that is rebuilt and not something else is worth thinking about.
18 posted on
03/09/2011 10:41:33 PM PST by
Arkinsaw
To: Stayfree
i used to own Pimco...a private managed account as a hedge against equities
Gross is overrated....just my two cents and Ichan is a raider./p>
Gross argues against large deficit cuts btw.
He sold off US debt which was only 12 percent of his mutual funds assets
He did this over a period of time ending last week because he feared govt would stop their bond buying strategy ..which would lessen bond demand
we are in trouble but Gross. and Ichan are poor canary choices
28 posted on
03/10/2011 12:30:58 AM PST by
wardaddy
(FUHB)
To: Stayfree
...proverbial BS is about to hit the fan and we have a shitload of politicians in denial.....personally, the sooner this nation goes defualt, the better off we will all be.... =.=
32 posted on
03/10/2011 4:50:10 AM PST by
cranked
To: Stayfree
OR PIMCO thinks interest rates are about to go up and they should pull out in order to be ready for the higher interest.
38 posted on
03/10/2011 11:28:18 AM PST by
longtermmemmory
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