Category Archives: Seeking Alpha Article

Bill Gross’s Misguided Diagnosis Of America’s Economic Problems

Fortunately for Mr. Gross, and all of us that provide commentary on economic and financial affairs, people cannot be prosecuted for malpractice for merely expressing opinions. However, I do believe that ideas have consequences. And, for this reason, I am concerned that the faulty analysis propounded by Mr. Gross in the aforementioned essay (and subsequent follow-up media appearances) could gain currency amongst economic and financial analysts and/or the public at large.

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Bill Gross’s Dreadful Analysis Of The U.S. Economy’s “Wounded Heart”

Basketball living-legend Lebron James shot an air-ball during last Thursday night’s Game 1 of the NBA Championships; he also threw up a brick at a key moment in Game 1 of the series against the Chicago Bulls that didn’t even touch rim. That ugly-looking heave by “King James” reminded me of a recently published essay entitled “Wounded Heart,” penned by “The Bond King” Bill Gross, a living legend in the investment field. King James’ embarrassing off-balance, double-clutch, fade-away floater reminded me of The Bond King’s essay because the latter struck me as containing some of most fundamentally unsound economic and financial analysis I have ever seen published by a respected analyst – much less from an investment hall of famer.

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