Bill Gross, co-founder of Pacific Investment Management (PIMCO) and manager of $270.0 billion Total Return Fund (PTTRX) shares his views on investing in stocks and bonds with Adam Johnson and Sara Eisen on Bloomberg Television’s “Street Smart.”
Key takeaways:
- If any investor wants to achieve greatness in the future, they should be aware of the potential shifts in the wind.
- Many structural influences are changing: record low interest rates call for a ‘different way of investing’.
- Aging boomer demographic in US and globally changes the investment landscape
- Globalisation is seeing labour ‘taken away’ from developed countries such as the United States.
- BOJ (Bank of Japan) has set a high inflation target to reach, much more depreciation of the Yen has to take place in order to achieve this.
Check out the full video interview below
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