Tuesday 9 August 2011

Bill Gross Says Dollar Vulnerable in Downturn After Downgrade


Aug 7, 2011 by

Aug. 7 (Bloomberg) -- Bill Gross, co-chief investment officer of Pacific Investment Management Co., talks with Bloomberg's Tom Keene about Standard & Poor's downgrade of its U.S. credit rating, and the outlook for the U.S. dollar and inflation. Gross said the dollar remains vulnerable in an economic slowdown after the country's long-term debt rating was lowered by S&P. (Source: Bloomberg)


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