Heed Bill Gross’ Warning With These Emerging Market Bond ETFs

One of the most respected names in world of bond investing is Bill Gross, the manager of the globe’s biggest bond fund at PIMCO. With assets in the fund approaching a quarter trillion dollars, many investors listen when this bond legend speaks–which is quite often. Recently, Gross released his monthly investment outlook in which he took the time to bash the fiscal policy of the world’s biggest debtor, the United States, and its monthly deficit approaching $150 billion in November of 2010. Gross believes that unless something is done soon, a weaker dollar, higher inflation, and the loss of the AAA-credit rating are all but inevitable for the world’s largest economy. “The problem is that politicians and citizens alike have no clear vision of the costs of a seemingly perpetual trillion dollar annual deficit,” Gross wrote in a note on Pimco’s website on Thursday. “As long as the stock market pulsates [...] Click here to read the original article on ETFdb.com. Related Posts: Going Beyond EEM: Rounding Out Emerging Markets Exposure With ETFs State Street Planning Emerging Markets Local Bond ETF (EBND) Emerging Market ETFs: Seven Factors Every Investor Should Consider Active ETF Pipeline: Previewing Some Exciting Funds On The Horizon Ten ETFs Every Advisor Should Know (But Most Have Never Heard Of): Part II