Many so-called emerging markets have long since emerged. Russia now has an investment-grade credit rating and with oil where it is right now, probably more money in the bank than the U.S.

Bill Gross

Bill Gross

Related Quotes

Damn inflation, full speed ahead,' Greenspan has said in both action and word. I think an investor should believe him and invest accordingly,

It is in the best interest of the company, its employees and investors, that we not proceed with the offering during this volatile time,

When you have kidney stones, you don't give much of a damn about the view,

if those [people] are holders of government bonds based upon a benign outlook for inflation, they had better cash some of them in, especially at today's 4.0% yield for 10-year Treasuries.

This works because merchants have a high cost of customer acquisition, and we lower it, ... We bring them customers with their wallets open.