Bill Gross Now Likes Stocks Over Bonds
March 25, 2010 at 01:44 AM EDT
Bill Gross, PIMCO founder & co-CIO, said in an interview with CNBC that he’d prefer stocks over bonds considering the current investing climate. “Let’s suggest the economy looks good, that risk assets — whether it’s high-yield bonds or whether it’s stocks — have a decent return relative to the potential of declining bond prices,” [...]
