Apr
12
Bill Gross Says China Growing 6% Is Among ‘Investor Delusions’
By
Bill Gross.
Photographer: Andrew Harrer/Bloomberg
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Manager questions effectiveness of central banks in tweets
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Negative rates, share buybacks also challenged by Gross
Billionaire bond manager Bill Gross says estimates that China’s economy is growing at 6 percent a year are among the “investor delusions that one day will be exposed to fresh air.”
Gross made the comment in a tweet after the International Monetary Fund raised its outlook for growth in China to 6.5 percent this year and 6.2 percent in 2017, an increase of 0.2 percentage points, according to a report Tuesday…
Bill Gross Says China Growing 6% Is Among ‘Investor Delusions’
