Zeev's Turnips Patch-No Politics (ZEEV)

[otraque]

You will love this:) (we share view Gross isn't so smart anymore:).
Yra Harris, a smart floor trader states a part of today's move is Bill Gross came out with a a big call .( This via my watching BloombergTV)
The call by Gross , there is little to NO threat of inflation for at least 2 years and that deflation will be the battle.
And that he says 10year yield will remain quite low for at least the next 2 years with his target yield on 10 year yield to drop to 3% yield.
Yra Harris was asked what did he think of the Gross call, laughed and said "i am not that smart"( refering to Bill gross) but then gave reasons why it was dificult to see Gross call as making sense.