Gross: 'Barney Fife' Stock Market Is Ready For a Pullback

|

Stocks have gone too far, too fast, and are due for a retreat in an economy that will grow slowly, Pimco's Bill Gross said on CNBC.


"We've got a Barney Fife market. Not sure what Barney would say about the market—you could imagine some sort of goofy, speculative market running far too high," Gross said in a live interview. "We think the market...is due for a pullback or setback only because it's gone so far and economic growth cannot go so far."

Comment
Show commentsHide Comments

Latest Markets Videos

Search Stock Quotes
Markets
Commodity Prices
Video Archives
Partner Videos