Tags: gross | double | digit

Gross: Forget About Double-Digit Returns

Tuesday, 31 Mar 2009 04:01 PM

Investors looking for double-digit returns from their holdings are going to have to learn to live in a different world for the next several years, bond kingpin Bill Gross said.

Those types of gains, particularly in stocks and real estate, will not return on a broad basis until the recession ends and the government can reflate the economy, Gross, head of the Pimco bond fund, told CNBC.

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Investors looking for double-digit returns from their holdings are going to have to learn to live in a different world for the next several years, bond kingpin Bill Gross said.Those types of gains, particularly in stocks and real estate, will not return on a broad basis...
gross,double,digit
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2009-01-31
Tuesday, 31 Mar 2009 04:01 PM
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