Rogers Talks About Investing In Commodities

Legendary investor Jim Rogers talked to Reuters yesterday about the ongoing boom in commodities, which is buoyed by serious supply shortages. Retuers’ Pratima Desai wrote: Some analysts say commodities this year have experienced a bubble, which will quickly deflate when short-term investors pull out, but along with large institutions such as pension funds, Rogers is […]

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Gross Buys $1.5 Billion Of Municipal Bonds

Earlier today Reuters reported that “The King of Bonds,” PIMCO’s Bill Gross, bought $1.5 billion of municipal bonds last Friday. In an e-mail, Gross told Jennifer Ablan and Joan Gralla: We bought $1.5 billion on Friday at very attractive prices that have since improved substantially. According to the Reuters reporters: The $2.6 trillion municipal bond […]

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