Bill Gross Warns Of Debt Crisis Using Nursery Rhyme Theme

After talking a child-like nursery rhyme approach to his latest investment theme, comparing central bank leaders to famous characters in children’s fables (Janet Yellen was Little Miss Muffet), Bond investing legend Bill Gross got down to a deadly serious hot topic discussed behind the scenes among hedge fund managers that seldom finds its way into the mainstream.

Bill Gross: Markets reaching the point low return and diminishing liquidity

“Markets are reaching the point of low return and diminishing liquidity,” he said in a Mr. Rogers sort of voice through an audio version that accompanied the written presentation. “Investors may want to begin to take some chips off the table,” he said, noting that it might be...