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Bill Gross of PIMCO expresses his outlook for the new year

PIMCO‘s (LTPZ) () tweeted out an abridged 2013 outlook for the market and economy. 

And in just a few words, he tells us that he thinks next year will be one of low returns and high unemployment, which seems to be in line with PIMCO’s thesis that the economy is in a “new normal.”

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Spring housing market gets more inventory 

We’ve now had back-to-back weeks of healthy housing inventory growth, making spring 2024 much healthier than spring 2023.

3d rendering of a row of luxury townhouses along a street

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