PIMCO's Bill Gross: No Way Out for the US

Bill Gross says he has no faith in the US's policy makers, both Democrats and Republicans.

The stock market doesn't care. Dow Jones Industrial jumps 150 points on the strength of Bank of America and a slight easing of oil after Kuwait's oil minister promised they will pump more.

Never mind that Kuwaiti youth groups are protesting for the ouster of the prime minister...

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