Good morning,
Just wanted to share with you Bill Gross’ (the Bond king) most recent write-up. Always interesting. He favors investing in countries where levels of debt are low as indebted countries are likely to deleverage in the next decade affecting their investments: “Beware of the ring of fire!”
Just wanted to share with you Bill Gross’ (the Bond king) most recent write-up. Always interesting. He favors investing in countries where levels of debt are low as indebted countries are likely to deleverage in the next decade affecting their investments: “Beware of the ring of fire!”
http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2010/February+2010+Gross+Ring+of+Fire.htm
Source: www.pimco.com
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