Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (50421)	7/6/2004 10:36:14 PM
From: stockman_scott	Read Replies (2) of 89467

Back to the Garden pimco.com By Bill Gross Investment Outlook July 2004 <<...the global economy is indeed in my view, more vulnerable than it has been for the past 25-30 years. The economic and investment consequences appear to be as follows: real short-term rates kept too low will create asset bubbles and accelerating inflation. Real yields raised too high will pop existing asset bubbles and lead to economic recession...>>

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