PIMCO's Bill Gross Provides His Predictions for 2013

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Dec 31, 2012
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...