我好像看见了股市的一丝光明：大忽悠格罗斯预言股票投资将会死亡

ctcld

Bill Gross, Pimco’s co-founder and co-chief investment officer, says stock investors should think again about the age-old “buy-and-hold” investing mantra. He says consistent, annual returns are a thing of the past.

格罗斯在8月份投资报告中所阐述的这种观点会让人想起《商业周刊》(BusinessWeek)著名的封面故事《股票之死》(Death of Equities)，这则报道是在1979年发表的，也就是在大牛市开始以前。

Diffusion

Last year Gross said the 30 year old bond bull is dead. Now the equity is dead. What should die next time if he wants to entertain us again?

煮雪

没有可比性，1969到1979十年，经济持续增长，道指却从100多点到破100点，1979年那是一轮熊市后，才有“股票之死”，现的道指，早从2009年涨上来1倍了。

contr

他好像也不看好bond.

“Unfair though it may be, an investor should continue to expect an attempted inflationary solution in almost all developed economies over the next few years and even decades,” Gross says. “Financial repression, QEs of all sorts and sizes, and even negative nominal interest rates now experienced in Switzerland and five other Euroland countries may dominate the timescape.

silicon_beaver

A good FZ   

bigbadwolf

Active rebalancing of the portfolio maybe the new norm.

suanc2008

说的怪可怜的, 一丝.................

dividend_growth

今天改口了