MutualFundWire.com: Bloomberg Gauges Gross' Error
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Monday, January 6, 2014

Bloomberg Gauges Gross' Error


In two stories from Friday, December 3, the newswire looks at Pimco's losses in 2013. One story pegs the loss at $41 billion, which the newswire attributes in another story to a misjudgment by Bill Gross on whether the Fed would start to scale back its asset purchases in 2013.


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