guiron

Don't Let the Headlines Fool You

Stick to the non-political. You're actually repeating false information, which I am guessing you haven't bothered to research: swampland.blogs.time.c.../

"According to Pimco, unemployment is a LEADING indicator, not a lagging one as that buffoon Larry Summers has said as late as October 2nd. It is leading because the jobs are gone forever."

Pimco makes money when the bond market heats up, IOW they are always bearish, to their benefit.