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2 |
Bill Gross Says the Good Times Are Over |
Jan 6, 2015 4:45 PM ET |
Bill Gross, the former manager of the world’s largest bond fund, said prices for many assets will fall this year as record-low interest rates fail to restore sufficient economic growth. |
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6 |
Bill Gross Calls It: 2015 Is Going to Be Terrible |
Jan 6, 2015 2:40 PM ET |
(Corrects Pacific Investment Capital Management Co.'s full name in the third paragraph.)Bill Gross, bond king, ousted executive, self-styled poet of the markets, has a bold, depressing prediction for 2015, and he's not couching it in any of his usual metaphor: “The good times are over,” he wrote in his January investment outlook note. By the end of 2015, he goes on, “there will be minus signs in front of returns for many asset classes.” |
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8 |
Why Oil Is Dragging Down the S&P |
Jan 7, 2015 4:37 AM ET |
Why does falling oil, a boon to consumers, keep knocking down the Standard & Poor’s 500 Index? To Bank of America Corp., it’s because of the possibility companies will cancel plans for capital spending. |
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10 |
U.S. Stocks Rise After 5-Day Slide; Euro |
Jan 7, 2015 10:54 AM ET |
U.S. stocks climbed after the worst start to a year since 2008 as data stoked optimism on growth. Oil pared gains, while European stocks rose and the euro tumbled as the threat of deflation bolstered the case for stimulus. |
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