Longtime “bond king” Bill Gross has revealed that he is bearish right now on both stocks AND bonds. For bonds, he believes yields will move higher still, largely due to the US’ high degree of current deficit spending. And as for stocks, the equity risk premium is at a 15-year low, making stocks look dangerously overvalued.
Macro & market analyst Darius Dale returns for Part 2 of our interview with him, in which he forecasts how the recession he predicts in Q4 will impact the stock and bond...
