July 30, 2015
Bill Gross says Fed recognizing zero percent rates causing harm to U.S.
What was equally troubling, Gross said, is that because double-B and single-B rated and in some cases triple-C rated companies have been able to borrow at less than 5 percent, "a host of zombie and future zombie corporations now roam the real economy."
Q2 GDP Tracking: 3%+
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From Goldman:
We boosted our Q*2 GDP tracking estimate by 0.1pp to +3.4% (qoq ar)* and
left our domestic final sales estimate unchanged at +2.7%. [May 7th...
1 hour ago
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