- We might be at the very end of this economic cycle, and the remarks by legendary investors Carl Icahn and George Soros signal it, said Jeff Rosenberg, BlackRock's chief investment strategist for fixed income.
- "You're seeing [this sign] in the fixed income markets, you're seeing it in the credit markets, you see it in profits, in the equity markets."
- Adding to the predictions, Bill Gross warned yesterday that the world's negative yield bond pile is a "supernova that will explode one day," as 10-year government bonds in the U.K., Germany and Japan hit record lows.