- PIMCO: “Econ growth may be positive but structural distortions brought about by zero bound interest rates will limit that growth and induce serious risks in future years."
Market news
1 May 2012
PIMCO: “Econ growth may be positive but structural distortions brought about by zero bound interest rates will limit that growth and induce serious risks in future years."
They look for higher inflation say investors should focus on "bonds with maturities in the five-year range and stocks paying dividends that offer 3%-4% yields. In addition, real assets (commodities) should occupy an increasing percentage of portfolios."
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