Rational Temperance – Bill Gross (PIMCO)

Rational Temperance – Bill Gross (PIMCO)

Used with permission from the Investment Manager

The above piece is provided by Bill Gross of PIMCO, one of our institutional investment managers. In this Investment Outlook, Mr. Gross suggests caution within markets, as they appear to be once again showing signs of “irrational exuberance.” Investors need not abandon ship from their target allocations, but they should be aware and ready to accept lower return expectations on all asset classes going forward.

PIMCO has played a large role in providing investment solutions for GVT clients. Their funds are among GVT’s approved list of investment options and are continuously vetted by our Investment Team and their disciplined and rigorous investment review process.

Investments are not bank deposits, are not obligations of, or guaranteed by Genesee Valley Trust and are not FDIC insured. This material contains the current opinions of the author but not necessarily those of GVT and such opinions are subject to change without notice. The views and strategies described herein are for illustrative purposes only and may not be suitable for all investors. Investments contain risk, including market capitalization risk, political and country risk and/or credit and interest rate risk. Investments may lose value. Past performance is not a reliable indicator or guarantee of future results.