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PIMCO's Bill Gross Writes Equities Obituary in August Newsletter
Wednesday, August 1, 2012 - 8:49am | 470Co-Chief Investment Officer and Co-Founder of PIMCO Bill Gross asserts that stock investing is "dead as we know it" in his August investment letter. Pacific Investment Management Company has $1.82 trillion in assets is the world's largest bond mutual fund. "If financial assets no longer work for...