PIMCO's Bill Gross Discusses his Outlook for Bonds in 2013.
January 1, 2013 - 7:42pm
By Gurufocus
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PIMCO's Co-CIO and Bonds Chairman was on Bloomberg to discuss his outlook for the stock and bond markets. He also discussed his views on the US Economy in 2013 and provided his views on fiscal cliff negotiations and their impacts on the market.
SUMMARY:
-- Stocks and bonds will return less than 5% in 2013.
-- Unemployment will stay at 7.5% or higher.
-- Commodities - Gold w
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