PIMCO's Bill Gross on the Delevering Crisis

In his September Investment Outlook, PIMCO"s bond chief Bill Gross continues to sound the alarm regarding the self-perpetuating crisis of liquidating assets and debts:  "Liquidity is drying up; risk appetites are anorexic; asset prices, despite a temporary resurgent stock market, are mainly going down; now even oil and commodity prices are drowning."

To some market observers, Gross' warnings may sound like "the sky is falling" rant from the popular children's story.  For his complete article, please click here.