• Sprott Money
    05/05/2016 - 06:02
    Why is a Deutsche Bank mouthpiece suggesting “negative retail deposit rates or perhaps wealth taxes”? The answer is to (supposedly) stimulate our economies.

Bill Gross: Summers-Off Is "Hugely" Risk/Belly-On

Tyler Durden's picture




 

Bill Gross, who is understandably delighted by the Summers resignation for the conventional reason that it means more QEasing is on deck, was prompt to put his thoughts to twitter, and conclude that not only is Larry-Off very Risk-On but it would benefit the belly of the curve, and lead to further 5s30s steepening as the 5 is bought.

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