Pimco's Bill Gross Shares Investment Outlook
Airtime: Wed. Jun. 30 2010 | 2:05 PM ET
The bond market is pricing in a near-depression. Is it right or wrong? Bond guru Bill Gross, of Pimco, shares his view.
Airtime: Wed. Jun. 30 2010 | 2:05 PM ET
The bond market is pricing in a near-depression. Is it right or wrong? Bond guru Bill Gross, of Pimco, shares his view.
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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.