Introduction

On today's podcast:
(1) Global bonds are doomed to keep falling unless we see a sustained slump in equities - according to analysts from Barclays.

(2) Bill Gross says stocks are "clearly overvalued" and that bond yields will need to fall "significantly" to justify current valuations.

(3) London Stock Exchange CEO Julia Hoggett says the City of London is being hamstrung by low salaries.

(4) While much of the attention in the real-estate crisis has focused on landlords and owners, developers look the most exposed.

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