[riverdawg]

Bill Gross is correct about the long-rum unsustainability of the Fed's interest-rate policy in the face of the huge budget deficits. But, as my mother used to say, “consider the source.” Pimco made a very large bet against medium-term and long-term Treasurys last year, and since then Gross has been relentlessly shilling for the bond shorts to do their thing so that his big move to corporates and foreign bonds will look prescient.

[Osage Orange]

Ding, Ding, Ding.....

We have a winner!!