“Our government doesn’t work anymore, or perhaps more accurately, when it does, it works for special interests and not the American people,” said Mr Gross. “When special interests, even singular citizens, write a cheque, it represents a perversion of democracy, not the exercise of the First Amendment.”
Pretty ominous words from a highly respected bonds guy. Will the real pain come next, or are our economic woes actually over? I’m thinking there’s more to come.