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Home>Pimco's Gross Expects Lower Returns in 2013

Pimco's Gross Expects Lower Returns in 2013

Financial Planning News

Sun, 30 Dec 2012

Pacific Investment Management Co.'s Bill Gross, manager of the world's biggest bond fund, expects stocks and bonds to return less than 5 percent in 2013 as high unemployment persists, he wrote in a Twitter post.

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