BlackRocks Rosenberg: How Bond Investing Has Changed

The video discusses the decline of total return investing, a style pioneered by figures like Bill Gross, due to changing economic conditions. It highlights the shift towards unconstrained funds and the importance of diversified investment strategies. The discussion also covers the impact of global economic divergence, particularly the strengthening of the US dollar, on investment opportunities and strategies.

What advice might be given to a bond manager like Bill Gross regarding career orientation in the current market?

Discuss the potential opportunities created by the divergent economic conditions in the US and Europe.