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Bill Gross: Our Highly Levered Financial System Can Explode at Anytime

businessinsider.com  ( Original )
MAR 9, 2017

ORIGINAL SOURCE: BILL GROSS: 'Our highly levered financial system is like a truckload of nitro glycerin on a bumpy road' by Jennifer Ablan  of reuters for businessinsider.com on 3/9/2017


Bill Gross dubbed the "Bond King" who co-founded Pimco  in 1971 over saw the Total Return fund (the largest bond fund in the world) knows a thing or two about markets.

Gross goes on to say in today's piece that the U.S. and the global economy is walking a fine line due to increasing leverage and an increasingly stressed financial system.

The title tells it all and his current rant is worth reading.

Please read it here;  BILL GROSS: 'Our highly levered financial system is like a truckload of nitro glycerin on a bumpy road'