◀ The Principal Blog

Posts from the ‘Fixed Income’ category

Bill Gross Departure from PIMCO – The Transformation of Traditional Fixed Income Investing



In the financial sector, sometimes you wake up one morning and realize that things are different now. For example, in 1998 the risky trades of the giant hedge fund Long-Term Capital Management (LTCM) pushed the firm to the brink of bankruptcy and the Federal Reserve (Fed) took steps to bail it out…

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Scottish Independence: What If the Answer’s “Yes”?



Today, Wednesday the 17th of September, when I say “United Kingdom,” I refer to the United Kingdom of Great Britain and Northern Ireland, a sovereign state made up primarily of England, Scotland, and Wales. But what will “United Kingdom” mean at the end of the week, after Scotland holds its…

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