Reported about 8 hours ago
Legendary investor Bill Gross offers a balanced outlook on the current stock market, which is buoyed by strong earnings and falling inflation. He suggests investors hold defensive, high-yielding stocks while expressing concerns about overvaluations and potential market hurdles. Gross recommends Allete, oil and gas pipeline partnerships, Annaly Capital Management, and DWS Municipal Income Trust as attractive investment options.
Source: YAHOO