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Pimco warning to the BRITISH
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Re: Pimco warning to the BRITISH
Take That, Pimco! Goldman’s O’Neill Dismisses U.S. Debt Woes
http://blogs.barrons.com/stockstowat...d=yahoobarrons
By Tiernan RayGoldman Sachs (GS) chief economist Jim O’Neill this afternoon tells Dow Jones Newswires’s Min Zeng that concerns about U.S. and U.K. sovereign debt ratings are “overdone.”
Growth in the U.S. and U.K. may actually surprise expectations this year, which would help boost the dollar. Japan’s the real one to worry about, he says.
Some money managers have been talking about getting out of U.S. Treasuries, in part because of the risk of downgrades of sovereign credit ratings, including Pimco managers, as I noted earlier today.
“The risk of [a] double dip [recession] in the economy this year has declined significantly,” O’Neill told Zeng.
“The bigger risk is the economy is stronger than we and others think and therefore the Fed may have to change its mind.”
O’Neill’s bullish on the dollar: “My experience tells me that sometime over the next two years or longer the dollar would go to $1.20 against the Euro,” he tells Zeng.
The dollar strengthened against the Euro this afternoon, falling to $1.4368.
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Re: Pimco warning to the BRITISH
space filler
Mega, you still haven't said anything regarding Bill Gross and Pimco and how the only reason they can breathe easy is they were bailed out of their poor position of heavy MBS exposure by the government. Perhaps if you actually had to defend your arguments and posts you'd get smarter in what you post. If you continue ignoring it, it cements that you're a troll. Trolls after all ignore facts that undercut their arguments. So you're either a troll, you can defend what you post, or you can be a man and admit you're dead wrong.Last edited by rj1; January 05, 2010, 07:48 PM.
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Re: Pimco warning to the BRITISH
Originally posted by rj1 View Post... It shows a complete lack of character, knowledge, intelligence on the issues, or a combination of all three on his part.
I am convinced that your experience on iTulip (as well as the experience of other members) will be enhanced as a result.
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Re: Pimco warning to the BRITISH
Originally posted by rj1 View Post
he just sticks his statement out there and then runs and hides and offers no personal reflection or analysis other than the thread title saying "look at me b*tches, I'm right".
It is what he does. You should move on. Someone once said we get mad for two reasons.
1) Someone has told us no.
2) Someone has taken something we feel belongs to us.
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Re: Pimco warning to the BRITISH
Off topic here, but how do I put someone on my Ignore list? I've searched the forum but haven't found the answer.
I come here with an open mind to learn. I don't mind fiery discussions of issues, but some of the posts I've been reading lately, particulary in response to Mega (who I appreciate), are so hostile and vitriolic that after a few minutes my stomach starts to get tied in knots. I don't like this.
Be kinder than necessary because everyone you meet is fighting some kind of battle.
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Re: Pimco warning to the BRITISH
Originally posted by shiny! View PostOff topic here, but how do I put someone on my Ignore list?
- click on "Quick Links",
- on that pulldown menu, click on "User Control Panel"
- when that User Control Panel page comes up, click on "Edit Ignore List" (under "Settings & Options", left side)
Here's a couple of snippets of screen shots, showing the key items to click on mentioned above.
P.S. -- I didn't see the " Never mind, I figured it out." until after posting the above. Oh well. Perhaps someone else will find this useful.Most folks are good; a few aren't.
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