Follow Up- Bill Gross is Apologetic on CNBC in his Criticism of Jeremy Siegel's View on Equities

Pimco's Bond King, Bill Gross appeared on CNBC this afternoon and did some fancy back peddling on his death to equity August investment letter. In fact he admitted to having more equities than bonds in his personal portfolio. When asked to watch Jeremy Siegel's response to his dismissal of the Siegel constant, which aired on CNBC yesterday, Gross was in full retreat. He attempted to clarify what he meant when he vilifying equities as an investment in his letter however, found little wriggle room but to agree with Siegel's historic assessment that had yielded a 6.6% return over the span dating from 1914 to the present.