‘The good times are over’ and this will be a ‘terrible year’ says the former ‘Bond King’ Bill Gross laterly head of Pimco and now of Janus Capital, providing his economic outlook for 2015. He’s the only major forecaster on Wall Street to call for a decline in all asset classes, and frankly a bit late in the day too with markets tumbling across the board and oil at $48.
Once again the professional analysts are leading investors over the edge and into oblivion! Or maybe Mr. Gross is wrong again this year? CNBC’s Dominic Chu reports…
