Gross Says Yellen’s Economy ‘May Never Walk Normally Again’

Updated on
  • TCW’s Rivelle also warns of repurcussions from central banks
  • Gross calls asset purchases a continuation of failed policy

Bill Gross.

Photographer: Patrick T. Fallon/Bloomberg

Bill Gross, the billionaire Janus Capital Group Inc. money manager, criticized Fed Chair Janet Yellen’s suggestion that she could consider further asset purchases as the equivalent of “providing a walker or a wheelchair for an ailing economy.”

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