Bill Gross Weighs In On Bond Liquidity, Almond Farming
After meandering through the California drought, almond farming, and why his shower is better than yours, Bill Gross has decided to weigh in on bond liquidity. If you’ve read the financial press in the last month (quarter?) then most of his concerns will be familiar to you. Post-crisis regulation has forced banks to reduce their risk, but hasn’t really eliminated it; dealers aren’t as willing to lean against the market as they used to be; if . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.