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Ace Hanlon

05/18/05 2:30 PM

#393010 RE: otraque #392981

I am aware of the Gross call.

This is the same Bill Gross who argued a few months ago that inflation is considerably higher than the CPI shows.

And of course continued ultra low rates threaten to expand and extend the housing bubble still further.

But apparantly that is no problem either.

Just another shill talking up his book IMHO.

BTW I well remember back in 2003 Bill Gross remained bearish on junk bonds until much of the move was over.