Gross Expects Apology From Yellen But Apparently Not From Summers

Mark Melin

Published onDecember 17, 2015

Updated on May 13, 2021

With the stock market down significantly today, erasing much of Wednesday’s market jubilation over the apparent success of the U.S. Federal Reserve rate hike, Janus Capital’s Bill Gross is laying into Fed Chair Janet Yellen and he expects an apology. One wonders if he will hold his stated thought compatriot Larry Summers to the same standard for derivatives misdeeds?

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Gross holds Yellen and Keynesian outlook responsible for all economic wows

Arm chair quarterbacking can be so easy at times. When market performance...

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Gross Expects Apology From Yellen But Apparently Not From Summers

Gross holds Yellen and Keynesian outlook responsible for all economic wows

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