Bill Gross: Invest in Less Leveraged Asia, Avoid the Deleveraging Consumer

Bill Gross of PIMCO recently released his February 2010 Outlook.  The following are some of his thoughts regarding the current financial and economic situation: (1)  Despite the fact that some corporations are willing to start increasing investments and risk due to (a) steep yield curves and (b) repaired... [Read more]

Tagged with: Bill Gross, Canada, Carmen Reinhart, Consumer Debt, Credit Cards, Debt & Deleveraging, Debt as a Percentage of GDP, Deleveraging, GDP, GDP Growth, Germany, Household Debt, Kenneth Rogoff, Mortgages, PIMCO, This Time is Different, Unemployment