Thursday, 30 September 2010

Moneynews.com


Breaking News from Moneynews.com


Pimco's Gross: 'New Normal' Means Single-Digit Returns to Stay



Pimco co-CEO Bill Gross says the "new normal" — meaning just about everything to do with money following the financial crisis — includes saying goodbye to double-digit returns. “The new normal has a new set of rules,” Gross writes in his monthly note to investors.


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