Gross: U.S. Credit Expansion a Financial Supernova

Feb. 4 (Bloomberg) -- Bill Gross, Pimco CIO & founder, discusses the expansion of credit in the United States over the past 40 years and how equity and credit investors are leery of another 2008 moment. He speaks on Bloomberg Television's "Market Makers."

Daybreak: What You Need to Know Today July 27
04:37 - Countdown's Manus Cranny and Anna Edwards gives you the top stories on Daybreak, Bloomberg's new custom morning briefing. Details surrounding Apple's jump on iPhone optimism, the Yen roller coaster as Abe takes stage and a gloomy report seen from Deutsche Bank - and more - are available on {DAYB}.
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