Personally, I think they both talk too much, the flash point being the most recent monthly memo from Gross where he indirectly took a couple of potshots at Professor Siegel and his expectations for future stock market returns.
Gross actually does concede that stocks from here will do better than bonds, his point being that investors who enjoyed the glory days of the '80s and '90s need to get used to lower returns from equities.
Gross actually does concede that stocks from here will do better than bonds, his point being that investors who enjoyed the glory days of the '80s and '90s need to get used to lower returns from equities.
