Gross favors safe sovereigns without rising recession risk

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Bill Gross, who runs the world’s biggest bond fund at Pimco, talks about global recession risk, fixed-income allocation in the current environment, developing-market equities and monetary policies of the Federal Reserve and European Central Bank. (Also see Gross’s latest Investment Outlook, “Economy’s six-pac has become a one-pac“.)

Source: Bloomberg, October 4, 2011.

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