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Posts Tagged ‘pacific investment management co’

“There’s a Huge Difference Between What is Good for American Companies Versus What is Good for the American Economy”

As I wrote last year:Some of the top economists say that America has suffered a permanent loss of jobs:JPMorgan Chase’s Chief Economist Bruce Kasman told Bloomberg:[We've had a] permanent destruction of hundreds of thousands of jobs in industries…

The Case for Buying Foreign Bonds from Low-Deficit Countries

Bill Gross is recommending that investors buy the debt of low-deficit countries. Via Business Week:As Pacific Investment Management Co.’s Gross, manager of the world’s biggest bond fund, said yesterday in an interview with Tom Keene on Bloomberg…

Theme of the Day: Massive Deficits, Debt Overhang and Rising Bond Yields

The theme of the day is the horrible U.S. fiscal outlook, massive debt overhang, and rising bond yields.Alan Greenspan told Bloomberg:The recent rise in Treasury yields represents a “canary in the mine” that may signal further gains in interest rat…

Has America Suffered a PERMANENT Loss of Jobs?

Some of the top economists say that America has suffered a permanent loss of jobs:JPMorgan Chase’s Chief Economist Bruce Kasman told Bloomberg:[We've had a] permanent destruction of hundreds of thousands of jobs in industries from housing to fina…