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Stocks dead, bonds deader till 2022: Pimco - Paul B. Farrell - MarketWatch by Decius at 7:42 pm EST, Nov 27, 2012 |
Now Bill Gross and Mohamed El-Erian, the co-CEOs at the $2 trillion Pimco money managers, are citing the same biblical warning to jar investors awake and prepare for the coming lean years of slow, low growth and austerity. Except in Pimco’s new warning, the future just got much, much darker for investors — no recovery until 2022.
The long blah. |
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