#Legendary investor sees recession by year end

#Legendary investor sees recession by year end

Bill Gross, the co-founder of Pacific Investment Management Co. (PIMCO), predicted that the United States will be in a recession by the fourth quarter. Gross said that he will buy futures that are connected to the Secured Overnight Financing Rate (SOFR). The Federal Reserve of New York defines the SOFR as “a broad measure of the cost…

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#The petty rich people feud ruining Laguna Beach

#The petty rich people feud ruining Laguna Beach

“#The petty rich people feud ruining Laguna Beach” Love thy neighbor — but not if you’re living in a gated community in one of Southern California’s wealthiest and most exclusive enclaves. In Orange County’s tony Laguna Beach, it’s been outright war between a pair of rich residents, with petty aggressions, escalating harassment complaints and high-powered…

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#Bill Gross ordered to stop tormenting neighbor with music

#Bill Gross ordered to stop tormenting neighbor with music

“#Bill Gross ordered to stop tormenting neighbor with music” The verdict is in: Bill Gross attempted to bully his neighbor over a $1 million lawn sculpture. A California judge ordered the billionaire “Bond King” Wednesday to stop tormenting his techie neighbor by blasting the “Gilligan’s Island” theme song on a mind-numbing loop. Orange County Superior…

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#Caretaker blared ‘Spanish’ music at Bill Gross home: lawyer

#Caretaker blared ‘Spanish’ music at Bill Gross home: lawyer

“#Caretaker blared ‘Spanish’ music at Bill Gross home: lawyer” The property manager of Bill Gross’ California mansion was responsible for playing some of the loud music that irked his neighbor — not the billionaire bond king himself, his lawyer reportedly claimed. Tech entrepreneur Mark Towfiq has accused Gross of blaring various tunes from his Laguna…

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