Bill Gross compares Fed policy to an umpire who died on the field

A note from Bill Gross, portfolio manager at Janus Henderson, would hardly be complete without a wild anecdote. His July investment outlook published on Thursday was no different. Gross again criticized the Federal Reserve’s decisions to recover the economy from the Great Recession. This time, he compared the Fed’s bond-buying program to John McSherry, a Major League Baseball umpire who suffered […]