November 30, 2011 at 14:11 PM EST
4 Scenarios in Bill Gross’s New Normal Minus Paradigm
Robert Huebscher at AdvisorPerspectives.com summarized Bill Gross’s remarks at the opening session of the recent Schwab’s IMPACT conference in San Francisco. The PIMCO’s New Normal Minus paradigm is essentially “a 2%-minus type of real growth world, in which structural headwinds as opposed to cyclical headwinds become dominant.” as stated by Gross. Here are the four possible scenarios [...]
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