Tuesday, October 29, 2013

Bill Gross: "All Risk Asset Prices Artificially High"

First it was JPMorgan, now it is PIMCO's turn.



Gross: All risk asset prices artificially high. When won’t they be? When they don’t produce growth in real economy. Is 2% GDP enough?


— PIMCO (@PIMCO) October 29, 2013



Alas, by now everyone but the Fed realizes there is a bubble in practically every asset class. As such, Gross' tweeter time may be better spent engaging in smack talk with Carl Icahn: it is far more entertaining and engaging.






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