Bill Gross' Investment Outlook: March Madness

Bill Gross' Investment Outlook: March Madness by Bill Gross, Janus Capital Group.

Every year, March Madness reminds me of my own storied basketball career – with more emphasis on stories than a career I will admit, but what else would you expect from a 6 foot tall white guy whose best assets were that he could jump higher than most and whose legs looked good in short shorts. I did start as point guard on a championship team for three years running, but what I remember most was not a last second buzzer beater but the foxy cheerleaders yelling “Bill, Bill, he’s our man – if he can’t do it no one can.” Their cheers, however went silent...