Bill Gross on Bonds, Stocks & Housing
Airtime: Wed. Aug. 25 2010 | 2:14 PM ET
Bill Gross, founder of Pimco, shares his outlook on stocks, bonds and the housing market.
Airtime: Wed. Aug. 25 2010 | 2:14 PM ET
Bill Gross, founder of Pimco, shares his outlook on stocks, bonds and the housing market.
We’re making a move into equities, period, says Bill Gross, CIO of Pimco, as this asset class is almost as secure as the sovereigns themselves. He explains this shift in strategy, with CNBC’s Karen Tso, Sri Jegarajah & Martin Soong.
The new banking rules will bring some stability to the financial system, believes Kirby Daley, senior strategist, Newedge Group. He shares his thoughts with Karsten Schroeder, CEO, Amplitude Capital, CNBC’s Martin Soong and Sri Jegarajah.
Hedge fund Skybridge Capital is entering into a definitive agreement to acquire Citi’s fund of hedge funds, seeding and advisory businesses. Anthony Scaramucci, managing partner of Skybridge Capital, discusses the deal with CNBC.
Analysis of the July employment data with Howard Dean, former governor of Vermont, and Michael Leavitt, former governor of Utah.
The Federal Reserve decides to keep Fed funds rates unchanged. Insight with Ken Volpert, Vanguard Funds; Bill Gross, Pimco co-founder; CNBC’s Steve Liesman & Hampton Pearson.
Cramer breaks down what he has to say about Fed chief Ben Bernanke.