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International

Bill Gross Cites Barrier to a Better ‘New Normal’

by Editorial Staff

Tue, Jul 06, 2010

It is the lack of global aggregate demand—resulting from too much debt in parts of the global economy and not enough in others--that is the essence of the problem, PIMCO's CIO wrote in his latest column.

In Japan, Savers Grow More Conservative

by Editorial Staff

Wed, Jul 07, 2010

Among risk assets, domestic stock funds were down 19% as a proportion of assets held, while foreign stock funds were down 28%, with a correspondingly positive growth in domestic and international bond funds.