Gundlach Sees No Lost Decade for Stocks

Bloomberg "Gundlach, 52, is following Bill Gross, manager of the world’s largest bond fund, in flirting with stocks as the biggest bears wager that markets won’t fall back to their March 2009 lows. Gross’s Pacific Investment Management Co. three years ago started an expansion into equities in anticipation that their returns will beat those of bonds over coming years. Laurence D. Fink, chief executive officer of BlackRock Inc. (BLK), the world’s biggest money manager, has been urging investors to get out of cash and bond securities and put money into equities."