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Bond King Gross: Do not invest in the U.S.
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Thursday, February 04, 2010
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From Newsmax:

Bond management king Bill Gross favors investing in emerging markets over developed ones, thanks to superior economic performance in the former.

“Risk/growth-oriented assets, as well as currencies, should be directed toward Asian/developing countries less levered and less easily prone to bubbling,” Gross, chief investment officer at Pimco, wrote in his monthly investment outlook.

“When the price is right...

Read full article...

More on Bill Gross:

Forget about inflation and a dollar crisis

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Topics: Bill Gross | Emerging Markets | Cruxallaneous
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