Market Currents
Europe's issues are secular and global, writes Bill Gross, "reflecting worldwide delevering and...
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Tuesday, November 29, 2011, 9:04 AM ETEurope's issues are secular and global, writes Bill Gross, "reflecting worldwide delevering and growth dynamics that began in 2008." In this environment, 5% long term portfolio growth will put investors near the top of the class. Focus on the "cleanest dirty shirts" - U.S., Canada, U.K., and Oz - as well as a resource-rich EMs like Brazil.
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