Bill Gross was on CNBC 10/29/08 giving his comments on the Fed rate cut decision.
I Heard just about what I expected....downside risks to growth remain suggestesting that rates will go lower or stay here for an extended period of time.
I noticed in the Fed Statement that external demand ( meaning exports ) has weakened meaning the whole world has a problem right now.
More on what Bill Gross has said this week HERE
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