1. David Walker explains how US is closer to a scenario as that of Greece in 3 years.
2. See what Bill Gross has got to say about US Job Market (for next 12 months)
** PIMCO is one of the biggest US Bond holder and on July 30th they dumped Bonds for Cash building up close to $53B in cash (Originally $17B). Jobs report and QE2 is going to help rally in capital market further. No worries on long term investment with the capital market, but staying in expensive bond market with US credit rating under downgrade risk does not yield much.
… it is time to start to think about …
Return of the Capital
than
Return on the Capital
