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Dr. Fly
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts

Bill Gross: Employment Data is a ‘False Idol’, Warns of Illiquidity in UK Property Funds

Dr. Fly Wed Jul 6, 2016 4:59pm EST 2 Comments

B. Gross gives an overall assessment into the debaucherous world of fixed income, repudiating the Fed’s focus on employment data, warning regulators to keep a close eye on UK property fund post BREXIT.

Pay attention.

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2 comments

  1. gorby
    gorby
    July 6, 2016 at 5:20 pm

    Nobody buys property if they think
    the price is going down so of course
    the funds are illiquid.Wait a couple of years
    and then these things become a a buy
    and very liquid.

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  2. ericbakerbruce
    ericbakerbruce
    July 6, 2016 at 5:46 pm

    Long Mr. Jake Gint.

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