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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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/-0mAdwwkDrs/story01.htm Tyler Durden