Bond King Bill Gross warns 'don’t own bonds' as long-term debt enters a new ear of volatility

Business

Bond King Bill Gross Warns 'Don’t Own Bonds' As Long-Term Debt Enters A New Ear Of Volatility

By Fortune

In a Financial Times op-ed on Wednesday, he pointed out that government, mortgage and corporate credit now totals about $84 trillion. “Too much debt can lead to too much risk and too much equity can lead to less earnings per share growth under certai ...Read more