How the hell are we going to do that with oil at $60 per barrel and a possible re-valuation of the Chinese currency?
Is he expecting a collapse in energy prices or something? Oil and energy is a part of EVERYTHING we consume......those costs get passed on in higher prices.
This forecast is laughable without an explanation of his inflation(1% to 2%) figures.
It's as laughable as the official government figures.
Looks as if Bill Gross is now an official government "shill".