(Reuters) - Speaking on CNBC Television, Bill Gross, chief investment officer for Pacific Investment Management Co., also said he does not believe an economic recession is looming.
Corporate earnings are holding up fine in a reasonably performing U.S. economy, Gross said, dismissing a notion that the turmoil in markets was signaling a sharp deceleration in the economy.
Read more at Reuters.com Business News
Corporate earnings are holding up fine in a reasonably performing U.S. economy, Gross said, dismissing a notion that the turmoil in markets was signaling a sharp deceleration in the economy.
Read more at Reuters.com Business News
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