PIMCO Investment Outlook

December 2007 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "The Shadow Knows" - "Standby for a tumultuous 2008 as the market struggles to move from the shadows back into the sunlight of sounder banking and financial management..."

November 2007 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "Shadow Dancing" - "Subprimes were actually the last stanza in a song that described the financialization of the U.S. economy beginning way back in the 1970s."

October 2007 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "What Do They Know?" - "It was Thursday, August 16. Stocks had closed down 210 points and were expected to open hundreds of points lower on Friday."

September 2007 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "Where's Waldo? Where's W?" - "The past few weeks have exposed a giant crack in modern financial architecture, created by youthful wizards and endorsed as a diversifying positive by central bankers present and past."

August 2007 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "Enough is Enough" - "If gluttony describes the acquisitive reach of the mega-rich, then the same gastronomical metaphor applies to today's state of the credit markets. Stuffed!"

July 2007 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "Looking for Contagion in All the Wrong Places" - "To death and taxes you can add this to your list of inevitabilities: the subprime crisis is not an isolated event..."

May/June 2007 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "How We Learned to Stop Worrying (so much) and Love 'Da Bomb'" - "It's a Dr. Strangelove world I suppose, or at least that's PIMCO's Secular Forum theme describing the likely global economic and investment environment over the next 3-5 years."

April 2007 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "Grim Reality" - "While the Fed may be willing to allow U.S. homeowners to suffer a little pain as indeed they have in recent quarters, a double-digit decline would risk consequences that few central banks would be willing to underwrite."

March 2007 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "Ten Little Assets" - "The secret to avoiding being a fish at the current poker table is to have a collective sense of what drives asset prices, which ones are affected first, and ultimately which ones are affected last."

February 2007 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "100 Bottles of Beer on the Wall" - "The risk markets, if not drunk, are definitely not walking a very straight line."

January 2007 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "The 5% Soution" - "Is the Fed impotent now - a 110-pound weakling getting sand-kicked in its face by the global financial community?"

December 2006 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "Reality Check" - "I have a strong sense that the ability to lever any or all asset returns via increasing leverage is reaching a climax..."

November 2006 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "Alpha/Beta Anemia" - "The choice for investors then, and importantly for PIMCO as well, is how to participate in this brave new world of Alpha/Beta anemia..."

October 2006 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "Empty Nesting/Successful Investing" - "Change is an inevitable part of life, whether it comes in the form of empty nesting and learning to be Moms and Dads instead of parents, or an acceptance of new realities in investment markets."

September 2006 Investment Outlook by PIMCO Founder and Chief Investment Officer Bill Gross "No Cuts, No Butts, No Coconuts" - "It will be next to impossible to borrow or sell our way out of this one."