Bill Gross of PIMCO spoke to Erik Schatzker and Stephanie Ruhle on Bloomberg TV’s “Market Makers” today and said, “I would be leery of German bunds simply because there are only a few scenarios in which they can do well…Germany for me is a credit risk. It’s not an attractive market.” Gross went on to say that Spanish bonds are “not a safe environment,” and right now, the U.S. and U.K. are the “cleanest...
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Brian White, the uncontrollable analyst, has once again topped the headlines. Famed for his previous April speculation that Apple’s market cap would soar in the untapped ranges of a trillion dollars, the optimistic analyst has yet again exclaimed that Apple Inc. (NASDAQ:AAPL) is glued to the rail with regard to becoming the most profitable publicly traded company. The Topeka Capital Markets analyst has unfaltering convictions that the Apple’s forecasted prosperity is predominantly bound to the anticipated...
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