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
Business Insider Emails & Alerts
Site highlights each day to your inbox.