Here’s What Went Wrong For Bill Gross This Week And Here’s Why The Trade May Continue To Move Against Him
Listen, Bill Gross isn't really feelin' your snarky ass comments about the terrible, horrible, no good, very bad day, he suffered through earlier this week amid the selloff in Italian bonds.
As you know, Tuesday was the worst day for Gross’s Janus Henderson Global Unconstrained Bond Fund since inception.
While no one knew precisely what went wrong there, I suggested that perhaps Bill was short bunds (again). Specifically, as part of my postmortem, I said this:
It’s worth noting that Gro
Raising your finger to the wind and making trading decisions based on “analysis” is a sure way to go bust. Hopefully for Bill this is all part of a rules based strategy he is using with clear entry and exit criteria….