Pimco’s Balls On Markets: “You’re Too Relaxed. Raise Cash Now.”

Pimco’s Balls On Markets: “You’re Too Relaxed. Raise Cash Now.”

Remember the other day, when Citi tried to catalogue all of the risks facing markets? Well, in case you missed that post, here's a refresher: The Street has been worried about politics (Trump, Merkel, Le Pen, Wilders, Grillo, Hard Brexit), geopolitics (North Korea, Syria, Iran, Libya, Venezuela, Brazil) and central bank policy (Fed, ECB, BoE and BOJ) as well as economic growth (US, China and Europe) plus valuation, profit margins, money flows, inflation expectations, fiscal initiatives, automat
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