Investors 'Should Get Used to 1-2% Growth': Pimco's Gross

CNBC ^

[PMAS]

I only like him because he bashes the printing of money by the Fed and too much government spending

[Little Ray]

Go invest your money somewhere they’re not afraid of or opposed to growth.
These days all I can think of is the PRC - but be careful.

[LongWayHome]

He’s made some terrible calls over the years. Way overrated.

[Cyclone59]

one to two percent growth environment going forward and investors should get used to it"

unless you are a congress critter, then you realize 30ish% returns.....

[MachIV]

I’m there on the 2nd ammendment supplies and might inherit part of some undeveloped land; however, I’m convinced anyone buying physical commodities such as gold and silver are going to get ripped off.

There is absolutely no way all these organizations advertising gold on talk radio 24/7 are selling this stuff now for all the buyers in the future to turn around and re-sell it back to them for much more value. They would lose there rear-ends and they aren’t stupid.

[GeronL]

1-2% means no sense investing at all once inflation gets here. What do you think that will do to the economy??

[Paraclete]

Not good for pensions predicated on 6% or higher growth. Of course, raise interest and the size of government debt will decimate the country.

At the same time, my taxes, food and health insurance are skyrocketing.

Happy days are here again.

[ProtectOurFreedom]

That would be 1 to 2 percent nominal growth. Subtract 5 - 15 percent per annum inflation and we are talking serious economic contraction.

[St_Thomas_Aquinas]

-— That would be 1 to 2 percent nominal growth. Subtract 5 - 15 percent per annum inflation and we are talking serious economic contraction. -—

Doncha love fundamental transformation? Thanks Obots!

[familyop]

"I wonder if undeveloped(farm) or even timber land would be a better investment."

You might want to have a look at the Drought Forecast first (drought forecast map there). From the Rockies, it appears to be a very large area extension of the drought that's been going on for several years.

http://www.cpc.ncep.noaa.gov/products/expert_assessment/seasonal_drought.html