Aug 15, 2015

"Say A Little Prayer" Bill Gross Warns, "Zombie Corporations Now Roam The Real Economy" | Zero Hedge

Having exposed the reality that the world's capital markets are a manipulated shell game, Janus' Bill Gross has a message for the perpetual bulls in his latest letter to investors - "say a little prayer." Gross continues, "low interest rates are not the cure – they are part of the problem," warning that ZIRP has enabled, "a host of zombie and future zombie corporations now roam the real economy...

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