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Strategies & Market Trends : The coming US dollar crisis

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From: Real Man1/9/2009 6:38:30 AM
   of 71455
 
Gross weasel... (moral hazard)^2

pimco.com

PIMCO’s view is simple: shake hands with the government; make them your partner by acknowledging that their checkbook represents the largest and most potent source of buying power in 2009 and beyond. Anticipate, then buy what they buy, only do it first: agency-backed mortgages, bank preferred stocks, and senior bank debt; Aaa asset-backed securities such as credit card, student loan, and auto receivables. These have been well-advertised PIMCO strategies over the past 6 months but there are others in clear sight.
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