NEW YORK (Reuters) - Here are some of the top quotes from guests attending the Reuters Investment Outlook 2008 Summit this week:
JIM O'SHAUGHNESSY, CHAIRMAN AND CHIEF EXECUTIVE OFFICER,
O'SHAUGHNESSY ASSET MANAGEMENT:
"If you take inflation away, the 70s was the worst decade for stock prices in history. We are looking like 2000s are going to be exactly the same. We have a negative real rate of return for the S&P 500."
BILL GROSS, CHIEF INVESTMENT OFFICER, PIMCO:
"Stopping a housing decline isn't something we have a lot of experience with."
JIM BIANCO, PRESIDENT, BIANCO RESEARCH:
(On the housing-market slump and Treasury's plan to freeze adjustable mortgage rates)
"Since we having nothing in place except structures to deny reality, we're going to stretch this out." Continued...
© Thomson Reuters 2008. All rights reserved.
| Paper | Aug 20 - 21, 2008 | Manufacturing |
| Japan Investment | Jul 01 - 2, 2008 | Country Summits |
| Global Real Estate | Jun 23 - 25, 2008 | Real Estate |
| Consumer and Retail | Jun 16 - 18, 2008 | Consumer Retail |
| Investment Outlook | Jun 09 - 12, 2008 | Financial Services / Exchanges |
