Gross said the situation remains precarious. His investment has repeatedly called the “new normal” of much slower growth rate than what the normal has been over the last 20 years. With another drop possible and continued deflation, he said 30-year bonds with a yield of 4.13 to 4.15 percent would become attractive.
November 13, 2002
BY SANDRA GUY BUSINESS REPORTER
Sears, Roebuck and Co. on Tuesday reported a record negative quarterly operating cash flow, prompting one analyst to repeat his warning that the retailer is in trouble.
Sears’ stock closed Tuesday at a 52-week low of $22.70.
The $842 million in negative cash flow, or $2.65 a share in the [...]
Written by Michael Markowski on
September 4, 2009 – 9:42 am
