Friday, August 16, 2013

Bill Gross: All Asset Markets Peaking

PIMCO's Bill Gross tweets-

Gross: Pogo said, We have met the enemy & he is us. I say, All asset mkts peaking; W/o central bank ck writing we only have ourselves 2sell2.

This is as the pseudo-tapering has already begun. What will happen if the Fed pulls back on the monthly purchases? 

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