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1.Market Observations, 2.Strategy, 8.Was Sticky

9 June 2017 (AFR) – The Masters of the Universe Bill Gross, Paul Singer are worried it’s 2008 all over again

(9 June 2017, AFR, p31, by James Thomson)

‘The Masters of the Universe are getting nervous, and there’s one big thing on their mind: the return of GFC-like conditions. While Morgan Stanley’s chairman and chief executive James Gorman provided an upbeat assessment of the world economy in an exclusive interview with The Australian Financial Review on Thursday, a small army of big-name investors took to the stage at Bloomberg Invest summit in New York to express fears about the state of markets. The unifying theme was that conditions were starting to look very similar to those seen in 2008, just before the onset of the GFC.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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