Aug 15, 2015

"Say A Little Prayer" Bill Gross Warns, "Zombie Corporations Now Roam The Real Economy" | Zero Hedge

Having exposed the reality that the world's capital markets are a manipulated shell game, Janus' Bill Gross has a message for the perpetual bulls in his latest letter to investors - "say a little prayer." Gross continues, "low interest rates are not the cure – they are part of the problem," warning that ZIRP has enabled, "a host of zombie and future zombie corporations now roam the real economy...

Proceed to the page: http://linkis.com/GrLH6

Similar Articles Added Earlier

  • RBNZ Cut Official Cash Rate To 3.00% - Action Forex

    RBNZ Cut Official Cash Rate To 3.00% Reserve Bank of New Zealand cut interest rates for the second time in six weeks and hinted further easing will likely be needed to underpin inflation as growth slows. Central bank Governor Graeme Wheeler is trying to stoke inflation from near zero to 2% goal as...

  • Asian stocks higher after Fed leaves rates unchanged

    BEIJING (AP) — Chinese stocks gained Thursday following this week's turbulence and other Asian markets rose after the U.S. Federal Reserve left interest rates unchanged at a record low. KEEPING SCORE: The Shanghai Composite Index was up 0.7 percent at 3,816.60 and Hong Kong's Hang Seng added 0.2...

  • Bill Gross: Low interest rates have created ‘zombies’ instead of curing the economy - MarketWatch

    Years of low interest rates have gradually created a zombie horde of corporations that roam among the economy, and central banks need to realize that near-zero rates are no longer a cure for ailing economies, according to Bill Gross in his most recent letter to investors.

  • California’s economy is world’s second greenest - SFGate

    Only France, with its large fleet of nuclear power plants, emits fewer greenhouse gases for each dollar (or euro) of economic activity. California has more electric cars than any other state or country, leads the world in clean-technology investment and boasts a fast-growing fleet of renewable...

  • Yellen: Fed still on track to raise rates this year

    WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said the Fed is on track to start raising interest rates later this year but expressed multiple concerns over headwinds that are still holding back the U.S. economy. She described the outlook for the economy and inflation as "highly uncertain,"...

Similar Articles Added Today

Most Recent zerohedge.com Articles

  • Here Is The Reason For The "Surge" In Q3 GDP | Zero Hedge

    So what did Americans supposedly spend so much more on compared to the previous revision released one month ago? Was it cars? Furnishings? Housing and Utilities? Recreational Goods and RVs? Or maybe nondurable goods and financial services? Actually no. The answer, just as we predicted precisely...

Latest Links Processed

0/120