|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
PIMCO's Bill Gross Provides His Predictions for 2013
Posted by: CanadianValue (IP Logged)
Date: December 31, 2012 05:00PM
I hope I can remember to check back in a year to see how he did. Here are his predictions:
- Stocks and bonds return less than 5%.
- Unemployment remains 7.5% or higher.
- Gold goes up.
- Five-year Treasuries yield 70bps at the end of the year.
- The U.S. dollar declines.
- WTI Oil goes over $100 at some point in 2013.
I thought he just knew bonds; apparently he covers all asset classes...
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.