Bill Gross Investment Outlook
Bill Gross’s latest investment outlook has quite the negative foreboding with comments such as
- “A “sense of an ending” has been frequently mentioned in recent months when applied to asset markets and the great Bull Run that began in 1981.”
- “Savor this Bull market moment, they seem to be saying in unison. It will not come again for any of us; unrest lies ahead and low asset returns. Perhaps great unrest, if there is a bubble popping.”
- “Once an investor has discounted all future cash flows at 0% nominal and perhaps (–2%) real, the only way to climb up a yet undiscovered Everest is for earnings growth to accelerate above historical norms.”
If you’re paying attention, then this must give you the shivers..here’s the link to the full letter…