Custom Search

Friday, August 21, 2009

Where's PIMCO's Panda Bear?


Remember El-Erian's forecast in May? And the decade of sub-par equity returns?

"For the next 3-5 years, we expect a world of muted growth, in the context of a continuing shift away from the US, Japan and Germany, and toward the systemically important emerging economies, led by China."

And all of PIMCO's negative blathering on CNBC since 666?

And now, that the S&P, the world's largest index, has moved 55% in 5 months--do you think we would at least get an apology?

No. Remember what he saidthis week? He said markets had hit a wall!

Now you know why he said we hit a wall. Look at what he said in May.

He's still looking at the Great Wall of China!

So he's PIMCO's Panda Bear!

But don't pandas live on bamboo?

And what's the panda bear's strongest muscle?

Their jaws!!

3 comments :

Anonymous said...

El-Erian does have those dark circles around his eyes and when he talks it looks like he is chewing something

love your blog even though it has an "edge" to it

Guo Guo said...

yao20150319
louis vuitton handbags
oakley sunglasses
oakley sunglasses
ray ban sunglasses
coach outlet online
tods outlet
coach outlet
discount oakley sunglasses
louis vuitton outlet
gucci handbags
michael kors outlet online
kate spade handbags
burberry outlet
fitflop
timberland shoes
gucci outlet
marc jacobs
adidas shoes
kobe 9
timberland boots
michael kors uk
swarovski crystal
chanel bags
coach outlet
toms shoes
cheap nba jerseys
new balance 574
ray ban sunglasses online
ghd hair straighteners
ghd
hollister uk
cheap mlb jerseys
ralph lauren outlet
abercrombie and fitch
abercrombie and fitch

Unknown said...

celine handbags
longchamp outlet
michael kors handbags
cheap jerseys wholesale
louis vuitton handbags
coach outlet store online
burberry outlet online
timberland canada
michael kors
christian louboutin shoes
coach factory outlet
concord 13
jordan retro 11
mont blanc mountain
christian louboutin outlet
ray ban sunglasses
true religion jeans
cheap oakley sunglasses
christian louboutin
michael kors uk
p90x workouts
coach outlet online
ray ban sunglasses
kate spade diaper bag
cheap ray ban sunglasses
christian louboutin outlet
true religion outlet
insanity dvd sale
coach factory outlet
jordan 4s
chanel outlet
michael kors outlet
tod's outlet
jordan 11
michael kors outlet
nike air jordan pas cher
20150708xiong