By
Murray Leith CFA, Executive Vice President & Director, Investment Research
Tuesday, January 06, 2015
Equities have had a bad start to the year and a number of strategists are saying that stocks could continue to struggle. Indeed, Bill Gross, who formerly ran the world’s largest bond fund at Pimco, declared “the good times are over” in a recent memo. While he holds out hope for high-quality assets, he says, “When the year is done, there will be minus signs in front of returns for many asset classes.”
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