Nobody can accuse Bill Gross of not eating his own cooking
Today's Breakfast with Benjamin features a look at how Bill Gross' own money is pumping up his new Janus fund. Plus: The Fed ponders and ponders some more, the surging dollar is poised for a pullback, another Obamacare surprise for tax-filers, and how grandchildren can derail retirement plans.
- Bill Gross’ new Janus fund is wildly popular largely because of Bill Gross. Literally. Most of the money in the fund belongs to the Bond King. Much of the fledgling Janus Unconstrained Bond Fund’s 9,100% asset growth since September is Gross’ own money
- Before any kind of interest rate hike, the Fed must first ponder how to subtly suggest such intentions without triggering an overreaction by the stock market. ‘Generally solid business conditions’
- The surging U.S. dollar looks poised for a reality check, and a lot of investors will be caught by surprise. The Fed is rooting for a weaker dollar
- The tax season rolls in with the latest wave of pain from Obamacare. ‘It’s going to be eye-opening for many taxpayers’
- Brace yourself for the most adorable retirement obstacle yet: Grandchildren. The increased role of grandparents in child care
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