March 25, 2010

Bill Gross: Does He Prefer Stock Over Bonds?

Bill Gross gave his outlook for stocks and bonds on CNBC:

"Let's suggest the economy looks good, that risk assets— whether it's high-yield bonds or whether it's stocks—have a decent return relative to the potential of declining bond prices. I'll go with the stock market. All assets to some extent relate to the same conditions—economic growth, the potential for inflation, central bank policy. To the extent that stocks are now basking in a growth revival, more than green shoots, there is a chance that stocks keep going."

Will this bullish comments from the Bond King signal a top in stocks?

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