PIMCO's Bill Gross on the Congressional Compromise

"Nothing in the Congressional compromise reached over the weekend makes a significant debt in our $1.5 trillion deficit," opines Bill Gross in his latest Investment Outlook.  He also points out that the U.S. has a "near-unfathomable" $66 trillion of future liabilities to pay for Medicaid, Medicare and Social Security.

Click here for Gross' latest perspectives on politics and the markets.