Monday, December 31, 2012

Reuters: Money News: PIMCO's Gross sees 2013 stock, bond returns of less than 5 pct

Reuters: Money News
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PIMCO's Gross sees 2013 stock, bond returns of less than 5 pct
Dec 31st 2012, 10:48

(Reuters) - PIMCO's Bill Gross says he expects stocks and bonds to return less than 5 percent in 2013, with the U.S. unemployment rate remaining at 7.5 percent or higher.

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