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Gross Vows This Time Different With PIMCO Move Into Equities

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THAT'S JUST GROSS
"Pimco, which has been synonymous with bonds for almost four decades, is taking another run at equities," according to Bloomberg. "Driving Pimco’s move into equities is Chief Executive Officer Mohamed El-Erian, who says the global economy is entering a period of fundamental transformation he calls the “new normal.”"
SOURCE:   Bloomberg

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