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Are Equities Dying? – Jeremy Siegel’s Response to Bill Gross
Article Spotlight: Back in August, Bill Gross claimed that the “cult of equity” is dying. (See our related blog post) In his commentary, Mr. Gross criticized Jeremy Siegel’s book, Stocks for [...]
PIMCO Investment Outlook – Opinion, Not Fact
Article Spotlight: “The cult of equity is dying,” William Gross, founder and co-CIO of PIMCO, claims in his latest Investment Outlook. He goes as far as comparing the 6.6% historical real return [...]
The Subprime Solution
Shiller blames the subprime crisis on the irrational exuberance that drove the economy’s two most recent bubbles–in stocks in the 1990s and in housing between 2000 and 2007. He shows [...]