Bill Gross: Don't Buy Bonds, Buy Gold and Real Estate

The video discusses the impact of central bank policies on financial markets, highlighting the challenges in valuing real versus financial assets. It explores the risks associated with sovereign bonds and potential catalysts for changes in bond yields, such as fiscal policy shifts. The discussion includes a shift from monetary to fiscal policy, with examples from Japan and the US. The video concludes with an analysis of bond market dynamics and the need for investor caution in a low-yield environment.

What challenges do investors face when determining the value of real assets versus financial assets?

How have central banks influenced market prices and yields?

What investment strategies should one consider when central banks are not buying certain assets?

What factors could trigger a rapid rise in bond yields?

How does the concept of 'helicopter money' relate to current fiscal proposals in Japan?

What is the significance of fiscal policy in relation to monetary policy in current economic discussions?

What implications do weak government bond auctions have for policymakers?