Bond King Bill Gross of Pimco discusses reconciling his big-picture views of lower investment returns with his higher-return-oriented investment goals...he is backing away from his investment strategy of "shaking hands with Uncle Sam"... discusses "new normal" of slower growth, lower asset returns, consumer de-leveraging & greater government intervention... makes distinction between investing & saving... recommends bank preferred stocks with good, reliable dividend streams..."the long term future of the $ is suspect"... recommends for US investors to look abroad for opportunities, especially in the BRIC - Brazil Russia India China - countries... about 15 minutes long...
Tuesday, July 7, 2009
Subscribe to:
Post Comments (Atom)






![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/tny_au_en_usoz_2.gif)


0 comments:
Post a Comment