Copyrighted Image? DMCA | Bill Gross starts 2012 with a bang in a new note titled "Towards The Paranormal", with "paranormal" being an international successor to PIMCO's famous 'new normal' descriptor. The financial markets are slowly imploding -- delevering -- because there's too much paper and too little trust. Goodbye "Old Normal," standby to redefine "New Normal," and welcome to 2012's "paranormal." |