What do golf scores, zen philosophy and Wall Street have in common? Just ask Pimco
's Bill Gross
. In his most recent podcast
, Gross converges the three in another discussion of the "New Normal" in American Investment. Pimco's co-founder and chief investment officer predicts that de-levering, de-globalization, and re-regulation will slow growth over the next ten years, and he argues that it's time for a "child of the bull market" to grow up.
So what is Gross' take on golf, market economy, future growth? They're all "damnable games."
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