
Bill Gross is out with his latest investment outlook and it’s quite the entertaining read.
Why, Gross wants to know, would anyone invest in safe haven assets (like bunds) that yield less than zero, thus locking in a guaranteed loss at maturity? The answer: investors aren’t familiar enough with ancient Greece.
Read below for the details and for more on why central bankers had better get global growth and trade moving – “or else.”
From “Zeno’s Paradox,” by Bill Gross