dullard
Elite Member
- May 21, 2001
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Since it is relavant, I thought I'd link today's CNN Money feature article:
"Almost all assets people can buy -- bonds, stocks or houses -- are back in the 4 percent to 6 percent mode," Gross says. "If people are expecting 10 percent-plus returns, they're in trouble."
Gross isn't the only one who's concerned. In a speech this summer, Federal Reserve chairman Alan Greenspan worried out loud that investors in all types of things aren't demanding enough return for the risks they're assuming -- that is, they're paying too much.