Bill Gross: We’re close to the economic flatline

Brian Sullivan, CNBC, Released on 4/27/16

“Goodness, this quarter, for almost the second quarter in a row, we’re close to the flatline in terms of economic growth.”

Mr. Gross is a founder, managing director and co-CIO of PIMCO. He has been with PIMCO since he co-founded the firm in 1971 and oversees the management of more than $1.9 trillion of securities. He is the author of numerous articles on the bond market, as well as the book Everything You’ve Heard About Investing Is Wrong! : How to Profit in the Coming Post-Bull Markets. In a survey conducted by Pensions and Investments magazine in 1993, he was recognized by his peers as the most influential authority on the bond market in the U.S

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