PIMCO Executive Says, “It’s A Blood Bath.” Will Barter Companies Provide An Assist?
Wednesday, June 27th, 2007Mark Kissel, executive vice-president of Newport Beach-based Pacific Investment Company (PIMCO) sums up the current economic climate as a blood bath and says to look for a two to three year downturn.
PIMCO, the world’s largest manager of bonds, ($668 billion in bond funds) continually monitors the economic environment. Kissel sees (more…)
