Canaccord Genuity Recaps PIMCO
The following are excerpts from Canaccord Genuity's Morning Coffee a compendium of news on market-moving equities. PIMCO Bill Gross’ Monthly Outlook: Dollar bill. In his most recent "Investment Outlook " PIMCO’s [owned by Allianz (PINK:AZSEY) Bill Gross outlines the four big structural issues that could cause problems for the economy going forward. In his words: 1) Debt/Delevering. Developed global economies  have too much debt – pure and simple – and as we attempt to resolve the dilemma the resultant austerity should lower real growth for years to come. It is clear that financial institutions and households face similar growth ...
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