Bill Gross’ case for long-term slow growth (VIDEO)

Interesting Bill Gross interview on CNBC today, following the release of his September investment outlook. In full video below he admits he was wrong on Treasury demand waning, and his long-term-slow-growth theme is best captured in this excerpt: Free market capitalism depends on a balanced market between labor and capital. And clearly we’re reaching a

Linkage: U.S. Home Prices Undervalued

-Fed Wants Out & Here’s Their Plan (HSH) -Can’t Sell Your Home? Consider Renting It (MSNBC) -Sorry & Pity of Another Liquidity Trap (Bloomberg) -Cost of owning 150,000 foreclosed homes (NPR via RC) -US Debt A Bad Bet But Gross Buying Anyway (InvestmentNews) -Will Fed Really Need to Sell Mortgage Bonds? (MortgageNewsDaily) -Countries Where Global

Linkage: Rest Of 2010 Economic Outlook

-How To Fix U.S. Job Market (Bill Gross, PIMCO) -Tea Party’s New Role Model: Mike Lee (Politico) -China Bears Are Dead Wrong: Jim Rogers (CNBC) -Banks Easing Terms On Loans Deemed As Risks (NYT) -How To Tell If Markets Freak Out About Debt Limit (WaPo) -John Mauldin’s Outlook on Second Half of 2010 (Minyanville) -Secrets

Originations 7/1: 10yr Treasury Yields Exploding

-8 Reasons I’m Glad I’m American (LendingTree via FiscalFizzle) -Bair Expects FDIC Fund To Turn Positive In June (HousingWire) -PIMCO’s MBS Head Scott Simon On Housing Outlook (PIMCO) -Time To Be Bullish On Homebuilders? (TradingFloor.com) -Guide to SEC’s Securitization Reform Plan (MortgageOrb) -Corcoran On What Homebuyers Get For $400k (MSNBC) -US 10yr Treasury Yields Exploding