Thursday, June 2, 2016

Please Turn Off The Lights

It's over. That's the view of bond guru Bill Gross in his latest report. The last 40 years won't be repeated any time soon, according to the Sage of Newport Beach in this blurb from Business Insider from Gross' June newsletter.businessinsider.com/bill-gross-investment-outlook-june-2016-2016-6?

Bill Gross doesn't think the future will look like the past. 
In his latest investment outlook, published on Thursday morning, Gross wrote that he thinks the stellar returns experienced by both bond and stock investors over the last 40 years are an anomaly that will not be repeated. 
Gross looks at two simple charts — the Barclays US Aggregate bond index and the S&P 500 — and says the steady upward march in bond prices and the rockier but still rewarding upward climb in stock prices can't happen again.
Will someone on their way out please turn off the lights. This party's over. Where is the late Cowboys' QB when you need him.



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