Bill Gross, the leading proponent of the “New Normal” — the idea that stocks will return just 3% a year for the foreseeable future — has been wrong over and over again. So why does anyone pay attention to his predictions?
Continue reading Why Investors Should Pay No Heed to Bill Gross’s ‘New Normal’
Why Investors Should Pay No Heed to Bill Gross’s ‘New Normal’ originally appeared on DailyFinance on Tue, 04 Jan 2011 07:00:00.
Filed Under: Company News, Columns, Investing