7 “The Fed Has Mastered Market Manipulation” – Bill Gross Explains Why He Is Not A “Broken Clock”

Wednesday, August 31, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Aug 31, 2016

“The problem with Cassandras, such as Gross and Jim Grant and Stanley Druckenmiller, among a host of others, is that we/they can be compared to a broken watch that is right twice a day but wrong for the other 1,438 minutes. But believe me: This watch is ticking because of high global debt and out-of-date monetary/fiscal policies that hurt rather than heal real economies. Sooner rather than later, Yellen’s smooth shot from the fairway will find the deep rough.”

The Rest…HERE

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