Bill Gross Thinks Janet Yellen "Would Plead Guilty...To Market Manipulation"

But only if she was drinking, he says.
Getty Images

Getty Images

How else can you explain how he garnered this particularly juicy tidbit overheard on the patio at the Blue Heron Lounge?

Fed Chairwoman Janet Yellen and other central bankers, “have mastered the art of market manipulation,” Mr. Gross writes. “And no – that’s not an unkind accusation – it’s one in fact that Ms. Yellen and other central bankers would plead guilty to over a cocktail at Jackson Hole or any other get together of Ph.D. economists who have lost their way.”

Bill Gross: Janet Yellen Has ‘Mastered the Art of Market Manipulation’ [WSJ]