Lending Outlook from PIMCO's Bill Gross

With more than $721 billion in fixed-income assets under U.S. management, PIMCO and its lead bond manager Bill Gross command respect among many investors.  In his March Investment Outlook, Gross offers his expectations for U.S. lending: "Tighter lending standards, reduced risk budgets and increased scrutiny all promise to produce a reduction in the growth rate of lending." 

The full article, "No Country for Old Maids," is available by clicking here.