Skunked
Many of our clients are invested in bond mutual funds managed by PIMCO out of Newport Beach, CA. Bill Gross, their Managing Director and noted Bond Guru recently takled our national debt crisis in his April 2011 Investment Outlook. In this article he talks about the need for our politicians to tackle this issue head on and as soon as possible. He also cites the Bloomberg Businessweek article by Mary Meeker (see article below posted March 7th, 2011). As one of the most urgent problems facing our country, I encourage you to view this article for some additional perspective on this topic. To be directed to the PIMCO website, simply click the photo to the right.
