Bill Gross is on a bit of a hotstreak
Gross' star faded after a poor year at PIMCO that was followed by his departure in October.
He's been vocal at his new job at Janus Capital and two of his biggest calls have been outstanding. He nearly picked the top in German bunds in April. In more recent commentary he called Chinese stocks a bubble. Shares fell 13% last week.
Today he warns that broad stock markets are stuck. He has a spotty record as a stock forecaster so take it with a grain of salt.
For me, all the talk about wage growth is severely premature.
