Bill Gross Warns That QE Could Crush The Dollar Another 20%, And Tells Investors To Look Abroad For Returns

Bill Gross

We haven’t seen the interview yet, but PIMCO’s Bill Gross is making some more negative comments about the economy and the effects of Fed easing.

According to Tweets from Reuters Jennifer Ablan, Gross predicts that QE could lead to another 20% decline in the dollar, and he’s telling investors to look abroad for better returns.

Last week, he described the Fed as using Ponzi economics, so he’s definitely sounding very negative, and very anti-Fed these days, in manner that’s not common for him.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at