You know what costs less than a gallon of gas this holiday weekend? Starting your subscription to Benzinga Pro’s news feed and data platform. On Friday, Bill Gross of Janus Capital appeared on Bloomberg and shared his thoughts on several issues, including emerging markets, with Tom Keene and Michael McKee. The Imbalances Of The Global Economy Talking about overnight VAR (value at risk) in Brazil, China and the Hong Kong PMI, the investor stated, “I think any central banker, and certainly those at the IMF and other global agencies are well aware that there are significant imbalances in the global economy. “And that speaks to not only trade balances, but it speaks to financial markets. It speaks to currencies,” he continued. “The Brazilian real that you just mentioned is still on a real basis highly overvalued and one... More