Sunday, 12 June 2011

Gross Says ‘No Regrets’ Over Missing Short-Term Treasury Rally

http://www.bloomberg.com/news/2011-06-09/gross-says-no-regrets-over-missing-short-term-treasury-rally.html

SS says

I had said last time - Gross is like a CONTRARIAN signal.
He is behaving like Barton Biggs.

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“He missed the rally,” said Edward Lashinski, senior strategist in Chicago at ABN Amro Clearing LLC. “Ultimately he may be correct. Even the smartest investment business doesn’t get it right all the time. Gross has substantially underestimated the prospect for lower Treasury yields in the near-term.”

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