Wednesday, August 29, 2012

Bill Gross on Bernanke

The Federal Reserve has done a "masterful" job of keeping global markets relatively quiet, which for investors means stocks and bonds are unlikely to change much in the coming months, Bill Gross, Pimco’s co-chief investment officer, told CNBC Wednesday.

“What the Fed (learn more) has done, rather masterfully, in terms of asset markets, is to suppress volatility".

If you don't see the video go here -- Bill Gross on Bernanke