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Economic Outlook from PIMCO's Bill Gross

Predicting continued slow growth of the U.S. economy and continued lower interest rates from the Fed, PIMCO’s Bill Gross predicts bite-sized future returns and the growing risk of misguided monetary policies leading to disruptive financial markets in the future. Citing lower capital spending and continued high household spending, the U.S. economy is not using cheap money to rebuild itself for the future. Read more here.

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