Pimco’s Bill Gross: QE2 is a Ponzi Scheme - WSJ

By Matt Phillips Bloomberg News Gross gives QE2 the stink eye. Pimco bond meister Bill Gross is out with his monthly investment outlook calling QE2 a Ponzi scheme and saying it’s arrival will mark the end of the rally for U.S. Treasurys. He writes: http://blogs.wsj.com/marketbeat/2010/10/27/pimcos-bill-gross-qe2-is-a-ponzi-scheme/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+wsj/marketbeat/feed+(WSJ.com:+MarketBeat+Blog)#
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