Wednesday, February 01, 2006

Latest PIMCO "Bond King" Bill Gross monthly February 2006 Investment Outlook (IO) letter, entitled "Curveball"

PIMCO's "Bond King" Bill Gross has posted his latest monthly February 2006 Investment Outlook (IO) letter, entitled "Curveball." I haven't read it carefully yet, but it seems to suggest that the Treasury yield "curve" (hence the title) is going to behave in a rather atypical manner in the coming years. From my quick scan, I was unable to discern his outlook for the target fed funds interest rate, the rest of the yield curve, or the economic outlook for the coming months.

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Please read our Stock Market Outlook for 2006 and our Daily Stock Market Commentary.

-- Jack Krupansky

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