PIMCO's Bill Gross was on CNBC to discuss his views on the possible outcome of this weekend's Greek elections and what impact it will have on the European and worldwide markets.
He thinks that no matter what, the outcomes are that the ECB has already announced a number of back-stop measures to counter the volatility and any negative market reaction from Greece's election.
Here is the video:
About the author:
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne
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