Wednesday, May 4, 2011

PIMCO's Gross Urges Investors to 'Revolt' Against US Government, Buy EM Debt - aiCIO

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PIMCO's Gross Urges Investors to 'Revolt' Against US Government, Buy EM Debt
aiCIO
According to Gross, the current high inflationary environment presents immediate threats to portfolios as Treasuries are set to be "overvalued for decades," even following the end of the Federal Reserve's QE2 stimulus in June. ...

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