Wealthtrack: Gross and El-Erian on slow growth, sub-par returns
This week on Wealthtrack, Consuelo Mack interviews two of the investment world’s biggest stars. Bill Gross and Mohamed El-Erian, Co-Chief Investment Officers of money management powerhouse PIMCO, sit down together for an exclusive two part series.
Gross and El-Erian have recently updated their now widely quoted and accepted 2009 prediction that the U.S. and the rest of the developed world had entered a “new normal” economic environment of slow growth and sub-par investment returns. They share their current thinking and also talk about why they have become increasingly outspoken about government policies and social issues.
Source: Wealthtrack, October 21, 2011.
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