Tuesday, March 23, 2010

PIMCO's Take on the US Economy

PIMCO is a highly-regarded bond fund. Their CEO recently posted a tweet on the US economy (above).

Just friggin' wonderful.

HT: Legal Insurrection

1 comment:

J. Strupp said...

I think Bill Gross penned the term "new normal". Either way, not good news from the most powerful bond traders in the world.