RR Phantom
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| Subject: 'I don't like bonds, most stocks,' says bond king Bill Gross Wed Aug 03, 2016 11:11 pm | |
| Money manager Bill Gross says investors should favour gold and real estate while avoiding most stocks and bonds trading at inflated prices.
"I don't like bonds; I don't like most stocks; I don't like private equity," Gross, who runs the $US1.5 billion Janus Global Unconstrained Bond Fund, wrote in his monthly investment outlook on Wednesday. "Real assets such as land, gold and tangible plant and equipment at a discount are favoured asset categories."
http://www.smh.com.au/business/markets/i-dont-like-bonds-most-stocks-says-bond-king-bill-gross-20160803-gqkkm0.html |
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