Friday, 14 April 2017

Bill Gross: Stock Markets Are ‘Priced for Too Much Hope’

Stocks as well as other assets are priced at unrealistic levels based on the outlook for global growth, according to Bill Gross. “Equity markets are priced for too much hope, high yield bond markets for too much growth, and all asset prices elevated to artificial levels that only a model driven, historically biased investor would believe

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