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Friday, January 6, 2012

Wall Street gurus find predictions game get...

Bill Gross, the manager of the world's largest bond fund, kicked off the year calling the current market "paranormal." He forecast a 2012 characterized by "credit and zero-bound interest rate risk." BlackstoneVice Chairman Byron Wien, among the securities industry's best known prognosticators, on Tuesday unveiled his latest crop of 10 "surprises" ... (more)

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