No, I think there is a recognition among astute professionals like Gross that the equities markets are clearly dysfunctional, and so is the sell-side “analysis” being pitched at investors.
I can expand further upon this if you wish....
Then why is PIMCO opening up equity funds? If he were true to his beliefs he would be rolling them up or selling them to another fund family. Sounds like a case of do as I say, not as I do . . .