This is it? This is his strategy?
Gross: Reverse head & shoulders (yields) in all global bond markets. Necklines being broken by the hour. Bearish.
— Janus Capital (@JanusCapital) June 9, 2015
40 years in the bond business and he's reverted to doing chart patterns now. You get paid millions to trade this way? We all should be instant millionaires, then.
"Who's gonna buy them now?"
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Bill Gross should write a sequel to his book "Everything You've Heard About Investing Is Wrong". Working title for the new book: "Everything You've Heard From Me In Ten Years About Investing Is Wrong".
In all seriousness, though, where was Paul McCulley when Gross went batshit? Did McCulley just say nothing? Or did Gross not listen to him? it's all very strange.
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