Gross Advises Investors to Play Defense in Current Environment

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  • Bloomberg Markets and Finance published this video item, entitled “Gross Advises Investors to Play Defense in Current Environment” – below is their description.

    Sep.14 — Longtime money manager Bill Gross, co-founder of Pacific Investment Management Co. (Pimco), says the Covid-19 pandemic has accelerated deglobalization and adds that the current bond market is a melding of the Federal Reserve and the U.S. Treasury and investors should play defense with the bulk of stimulus having already occurred. He speaks with Bloomberg’s Tom Keene, Lisa Abramowicz and Jonathan Ferro on “Bloomberg Surveillance.”

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