Follow @PoliticsIE
 
 
 
Page 1 of 4 1234 LastLast
Results 1 to 10 of 32

Thread: PIMCO Worlds Largest Global Income Manager To Drop Bonds In Eurozone

  1. #1

    Default PIMCO Worlds Largest Global Income Manager To Drop Bonds In Eurozone

    PIMCO: Euro Far From Being A Perfect Reserve Currency

    The eurozone, we believe, will remain mired in its driver-passenger conflict. While the U.S. will surely provide confidence to some passengers in the eurozone car, it is highly unlikely in our view that eurozone policymakers will make substantive progress in the direction of the U.S. during 2013.
    This is getting real interesting now we might go back to the punt sooner than you think...

  2. #2
    Politics.ie Member DownTheyGo's Avatar
    Join Date
    Dec 2010
    Posts
    5,315
    Mentioned
    0 Post(s)

    Default

    I can't open the link but if Bill Gross has tarnished EZ bonds as risky plays, another major precedent is being set.

  3. #3
    Politics.ie Member Ulster-Lad's Avatar
    Join Date
    Oct 2006
    Location
    Dún na nGall
    Posts
    10,090
    Mentioned
    0 Post(s)

    Default

    Good news and strategy on PIMCO's part. Who in their right mind would invest in the Eurozone?
    ‘The Great only appear great because we are on our knees: Let Us Rise!’ “ (James Larkin)

  4. #4
    Politics.ie Member seabhcan's Avatar
    Join Date
    Sep 2007
    Posts
    14,309
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Ulster-Lad View Post
    Good news and strategy on PIMCO's part. Who in their right mind would invest in the Eurozone?
    All those who bought Irish bonds when they were at 15% are a lot richer today.

  5. #5

    Default

    Quote Originally Posted by Ulster-Lad View Post
    Good news and strategy on PIMCO's part. Who in their right mind would invest in the Eurozone?
    The kindergarten will be closed by next week. The EUSSR was over the day Brian Lenihan gave Sean Fitzpatrick the ICB key to print promissory notes.

  6. #6
    Politics.ie Member
    Join Date
    Dec 2012
    Posts
    4,237
    Mentioned
    0 Post(s)

    Default

    Oh S##t, When is my next payday?

  7. #7

    Default

    Quote Originally Posted by Porkypie View Post
    Oh S##t, When is my next payday?
    if the ATMs will still work. that is.

  8. #8
    Politics.ie Member Dublin 4's Avatar
    Join Date
    Feb 2011
    Location
    Vision & Glory
    Posts
    12,986
    Mentioned
    0 Post(s)

    Default

    The Game is gettin good Peeps - the game is gettin good

    C'mon the game!

  9. #9

    Default

    Quote Originally Posted by Dublin 4 View Post
    The Game is gettin good Peeps - the game is gettin good

    C'mon the game!
    Lagarde's flat being raided while we speak.

  10. #10
    Politics.ie Member
    Join Date
    Jan 2011
    Posts
    4,281
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by YouKnowWhatIMeanLike View Post
    PIMCO Worlds Largest Global Income Manager To Drop Bonds In Eurozone

    PIMCO: Euro Far From Being A Perfect Reserve Currency

    The eurozone, we believe, will remain mired in its driver-passenger conflict. While the U.S. will surely provide confidence to some passengers in the eurozone car, it is highly unlikely in our view that eurozone policymakers will make substantive progress in the direction of the U.S. during 2013.
    This is getting real interesting now we might go back to the punt sooner than you think...
    The thread title is completely misleading. There is not one mention of bonds in the link. Not one. The piece only refers to currency allocations being changed.

Page 1 of 4 1234 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •