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Bill Gross: Negative Rates Are Finance Economy's Last, Dying Gasp


Much like the sun, the financialization of the economy has provided an endless stream of fuel for growth, Janus Capital Bill Gross said in his latest outlook letter. Unlike the sun, though, which has a good five billion years left in it, the finance economy’s fuel is just about spent. The move into the black hole of negative rates might just

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Posted: March 3, 2016 Thursday 10:14 AM