Negative Interest Rates?

Bill Gross is one of the most successful fixed income investors in the 20th and 21st Century. His words are worth reading, for insight into what negative interest rates may be creating in the financial world. My own thought is that negative interest rates must be KILLING the international money market fund industry. Also negative interest rates are favoring non-bank share repurchases and other self-absorbed non-productive behavior. Note also the push to criminalize cash which Bill Gross discusses. Strange days indeed.

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