CNBC Television published this video item, entitled “The economy is slowing and is heading toward a recession, says PIMCO co-founder Bill Gross” – below is their description.
Bill Gross, PIMCO co-founder, joins the ‘Halftime Report’ to offer his outlook on the markets going into next year in the face of more Fed rate hikes.
CNBC Television YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.
As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.
William Hunt Gross is an American investor and fund manager, best known for co-founding Pacific Investment Management Co. PIMCO is a global fixed income investment company. Gross ran their $270 billion Total Return Fund, before leaving to join Janus Capital Group in September 2014.
