12-28-2010, 10:18 AM
While I wouldn't trust a Citi analyst as far as I could throw one, I do think there is a possibility the bond market will implode or Europe will implode so it could be a nasty year. If both crises are averted, it could be a marginally good year as the market adjusts with inflation. But, when Bill Gross is talking about allowing a 10% shift into stocks on his Total Return Fund (which is 100% bonds/cash) I would be scared to death of bonds right now.