Bill Gross, Looking At Retirement Obligations, Says Everyone — Even 1% — Will Need Xanax

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Mark Melin
Published on
Updated on
Bill Gross

With accurate talk finally going on the record that U.S. Federal Reserve quantitative easing, known as a stimulative dopamine to coin a contrasting term, has “front-loaded” stock market performance, a recent investment letter from Bill Gross is particularly of interest. Without saying as much, Gross notes that the government budget “front-loaded” spending on seniors and that a price will be paid by society. But unlike most economic misfortunes, the fortunate 1% of society may share in the developed nation pain. Face the fact: Society has front-loaded success and is leaving payment of its debts to future generations In a blog…

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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.