Bill Gross bets on shorter-term bonds in a controversial ‘new neutral’ strategy
Breakfast with Benjamin: Bill Gross' controversial new strategy. Plus: BlackRock CEO Fink calls out leveraged ETFs, nobody can agree on the gold-price decline, dealing with lump-sum pension offers, a solar company that makes sense, and the various forms of a caffeine addict.
- Bill Gross swims against the current by betting on shorter-term Treasuries. But bond manager rivals say the ‘new neutral’ approach is risky and wrong. Pimco Total Return Fund’s last ditch effort to stand out
- BlackRock’s Larry Fink says leveraged ETFs could ‘blow up the whole industry one day.’ He adds that BlackRock would never offer such a product. Structural problems
- Getting a grip on gold’s price decline. Strategists don’t agree. Blame China, Ukraine, or something else
- As companies try to de-risk pension obligations, former employees need to carefully weigh their options. Managing the money on your own
- Finally, a solar energy stock with some upside potential. Trina Solar (TSL)
- Coffee addicts come in all forms. How do you take your caffeine kick? Coffee junkies we see every day
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