30 January 2007

PIMCO Bonds - Investment Outlook- February 2007 "100 Bottles of Beer on the Wall"

PIMCO Bonds - Investment Outlook- February 2007 "100 Bottles of Beer on the Wall": "my critical point is that asset prices are no longer entirely a function of the real economy: it can be just the reverse. The real economy is being driven by asset prices, which in turn are influenced by financial flows of non-historic origin, composition, and uncertain longevity."

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