Bill Gross appears to be totally losing it. From his ignominious departure from Pimco to his improbable landing at Janus of all places (the "Bond King" got a desk and a screen and a few billion--crumbs--to trade?) and all his crazy rants before, after and currently...the former "Bond King" just seems to be losing it.
Check this out:
"Credit based oxygen is running out," Gross wrote in the outlook titled, "A Sense of an Ending," in which he compared the final stages of the financial market cycle with his own mortality.
"A 70-year-old reads the obituaries with a self-awareness, as opposed to an item of interest. Some point out that this heightened intensity should make the moment all the more precious and therein lies the challenge: Make it so; make it precious; savor what you have done – family, career, giving back – the 'accumulation' that (British author) Julian Barnes speaks to."
Oxygen running out? Obituaries? Time running out?
Wow...wow wow wow wow wow. That's all I can say, is wow.
And he drags his personal darkness into his analysis now, too. Stocks are going down. The dollar is going down. Treasuries are going down. Bunds are going down.
The end...of everything?
Somebody better keep an eye on this guy. I'm worried about him. Seriously.
1 comment:
He needed to retire when McCulley retired. Now McCulley has had to come out of retirement to clean up the mess.
I like Gross and am sorry to see him going through this.
Post a Comment