Bill Gross released his latest Investment Outlook at Janus Capital. He warned about government debt and money printing:
Investors may want to begin to take some chips off the table: raise asset quality, reduce duration, and prepare for at least a halt of asset appreciation engineered upon a false central bank premise of artificial yields, QE and the trickling down of faux wealth to the working class.
But all the buzz is about the picture of Gross gazing off into the yonder with a Bloomberg terminal and Microsoft Outlook behind him. At PIMCO there was talk that he had a stack of 9 or 12 monitors but if this is his real setup at Janus, it needs some work.
Does he not even have a launchpad?