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Showing posts with label Paul B. Farrell. Show all posts
Showing posts with label Paul B. Farrell. Show all posts

Tuesday, November 27, 2012

Stocks dead, bonds deader till 2022: Pimco

http://articles.marketwatch.com/2012-11-27/commentary/35368213_1_el-erian-new-bull-money-managers

Stocks dead, bonds deader till 2022: Pimco
Paul B. Farrell
Commentary: Gross, El-Erian warn of very slow growth ahead
November 27, 2012 | Paul B. Farrell, MarketWatch

SAN LUIS OBISPO, Calif. (MarketWatch) — Big money managers are warning investors. They’re now citing the Bible: “Seven lean years.” No recovery till 2016. That was Jeremy Grantham back a few years ago. His GMO firm manages $104 billion.