PIMCO's Latest Commentary

In his latest monthly commentary, PIMCO's Bill Gross outlines his perspective on Europe and the financial markets, including:

  • Investors will likely be heartened by recent European policy proposals, but Euroland will remain a dysfunctional family no matter what the outcome.
  • Investors should recognize that Euroland's problems are global and secular in nature; it will be years before developed nations can constructively escape from their straitjacket of debt.
  • Global growth will likely remain stunted, and interest rates stay artificially low.

Click here for his commentary.