PIMCO bond guru Bill Gross says the “cult of equity is dying”, and that future stock returns cannot be as high as they’ve been historically. In his latest investment commentary,…
Day: August 1, 2012
Doll, Sonders Sounding Cautiously Optimistic
Blackrock’s Bob Doll says current market valuations are providing a cushion that will help buoy the stock market even if earnings aren’t great. “I don’t need great earnings for stocks…
Rogoff Talks Financial Crises, Greece, and The Fed
Kenneth Rogoff, whose research into historical financial crises with Carmen Reinhart may be the most extensive ever performed, says the U.S. economy is following a normal post-financial-crisis path, but that…