Pimco | Bill Gross | Investment Outlook 11.2010
Wednesday, October 27, 2010 at 10:33PM I have admired and followed Bill Gross's commentary for years. He has been talking of a "new normal" of lower growth and investment returns for quite some time. He came out today with his November 2010 investment outlook which spells out his views on the political situation, QE2 and the future of our economy.
Since I have been following Gross's monthly investment outlook, he has been right most of the time. For some major calls, he was very early which made it appear he was wrong but eventually, he was proven right. This investment outlook spells out many things that many of us were already thinking. It is a very worthwhile read for those who may be less familiar with the current situation.
Here is the link to the article.
To be clear, I have used PIMCO funds for most of Asset Advisors clients and I fully intend to keep doing so because they have always done a great job.