PIMCO Co-Chief Investment officer Bill Gross says that if the U.S. doesn’t reform entitlement programs like Medicare and Social Security and/or raise taxes, it will default on its debts —…
Day: April 7, 2011
Bogle: Beware Fuzzy Numbers
Vanguard found John Bogle says investors should view stock market numbers with skepticism, particularly in terms of historical market returns being used as a guide for the future. “Even if…