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Bill Gross And Warren Buffett Hint At Bearish Stock Market Future
Sunday, August 4, 2024 - 2:56pm | 461Renowned investors Bill Gross and Warren Buffett have been hinting at a less favorable outlook for the stock market, causing a stir among investors and analysts alike. What Happened: Gross, popularly known as the “Bond King,” suggested a dearth of “bull stocks” in a recent...
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Elon Musk Slams Bond King Bill Gross For Tesla Is 'Meme Stock' Remarks: He Makes 'Investment Decisions By Looking In The Rear-View Mirror'
Wednesday, July 10, 2024 - 10:54pm | 636Elon Musk has fired back at renowned bond investor Bill Gross for his recent comments on Tesla Inc. (NASDAQ:TSLA) stock, suggesting that Gross lacks an understanding of technology. What Happened: Musk’s response came in the wake of a post by Tesla investor Sawyer Merritt on social media...
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'Bond King' Bill Gross Says 'Tesla Acting Like A Meme Stock,' Draws Parallels To GameStop, Chewy, And Zapp Amid Rising Pump And Dump Trends
Wednesday, July 10, 2024 - 4:25am | 797The recent surge in Tesla Inc. (NASDAQ:TSLA) stock has led to comparisons with meme stocks, a term used to describe stocks that experience rapid and often irrational price movements. This observation was made by renowned bond manager Bill Gross. What Happened: “Bond King” Gross took to...
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From Bond King To Stamp Sultan: Bill Gross Makes $4.4M At Largest US Sale On Record
Tuesday, June 18, 2024 - 4:38pm | 516PIMCO founder and investor Bill Gross — best known as the "Bond King" for his role in the bond market — collected $4.4 million at an auction for a rare stamp. What Happened: Gross, who has been shying away from recommending bond investment in recent months, sold the final parts of his rare stamp...
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TLT Investors Brace For Friday Inflation Data With Bond Market In Turmoil
Thursday, May 30, 2024 - 11:40am | 747The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) has been on a tumultuous journey, grappling with a 12.85% decline over the past year and a 10% drop year-to-date. As market participants nervously eye the horizon, the upcoming release of the Personal Consumption Expenditures (PCE) Price Index by...
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Trump Victory 'More Bearish' For Debt Market Than A Biden Win, Warns 'Bond King' Bill Gross
Monday, May 27, 2024 - 12:59am | 583Bill Gross, the co-founder of PIMCO, also known as "Bond King", has expressed concerns about the potential impact of a Donald Trump re-election on the bond markets. What Happened: Gross suggested that a Trump victory in the upcoming presidential election would be “more bearish” and...
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Despite Microsoft, Google's 'Spectacular Quarters,' Billionaire 'Bond King' Bill Gross Warns Against Tech, Advocates For Value Stocks
Saturday, April 27, 2024 - 1:54am | 793Billionaire investor Bill Gross has advised investors to steer clear of tech stocks despite Microsoft Corporation (NASDAQ:MSFT) and Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) “spectacular quarters.” What Happened: Gross, known as the “bond king,” has...
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'Bond King' Bill Gross Bets Against Trump's Newly-Listed Stock: 'Genius…With The Courage To Sell DJT Options'
Friday, March 29, 2024 - 10:07pm | 760"Bond King" Bill Gross has entered the options trading frenzy surrounding Trump Media & Technology (NASDAQ:DJT) stock. What Happened: Gross is now selling options tied to former President Donald Trump's newly-listed media company stock. He expressed his confidence in this move on social media,...
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Bill Gross, Jamie Dimon Weigh In On US Debt Crisis, Peter Schiff Slams Federal Reserve's Inflation Policy And More: This Week In Economics
Sunday, February 4, 2024 - 7:08am | 662The week’s financial landscape was a mixed bag with warnings of a debt crisis, bullish views on U.S. stocks, and concerns about the unemployment rate. The most prominent financial figures such as the ‘Bond King’ Bill Gross, global asset manager BlackRock Inc, and JPMorgan Chase...
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'Bond King' Bill Gross Warns US $34 Trillion Debt Deficit To Fuel Inflation 'Like Global Warming' Over Next Decade: 'Significant Problem'
Friday, February 2, 2024 - 1:40am | 669Bill Gross, co-founder of PIMCO, also known as “Bond King” anticipated a significant escalation in the U.S. debt crisis. He compared the future implications of the nation’s $34 trillion debt to the slow yet destructive effects of climate change, predicting a potential spike in...
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'Bond King' Bill Gross Calls 10-Year US Treasury 'Overvalued': 'If You Need To Buy Bonds. I Don't'
Tuesday, January 9, 2024 - 4:03am | 665Bill Gross, a renowned investor and “bond king,” has warned about the overvaluation of 10-year U.S. Treasury debt and suggested a potential alternative. What Happened: Gross, the co-founder of Pacific Investment Management Co., recently shared his views on the state of the U.S. bond...
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'Bond King' Bill Gross Nets Millions On Treasury Market Rebound
Friday, December 1, 2023 - 3:48pm | 524“Bond King” Bill Gross may have netted millions of dollars backing the November rally in the U.S. Treasury market. Gross earned his “bond king” moniker while at Pacific Investment Management (PIMCO), a company he co-founded and where he managed the $270 billion Total Return...
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Bill Gross Sees 'Extraordinary Long-Term Value' in Regional Banks: 3 ETFs To Watch
Tuesday, October 31, 2023 - 1:21pm | 854Legendary investor, fund manager and PIMCO co-founder Bill Gross sees extraordinary long-term value in regional banks. In a tweet posted on Oct. 30, Gross said he sees regional bank stocks as a “falling knife” that “hasn't hit ground yet“. Back in April, the Bond King had...
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PIMCO Co-Founder Bill Gross Says 10-Year Treasury Yield Could Spike To 5% Soon
Wednesday, October 4, 2023 - 3:16am | 452Renowned investor and the former PIMCO co-founder, Bill Gross anticipates the 10-year Treasury yield could reach 5%. According to a CNBC report, Gross attributes this to an oversold market due to increased anticipation of Treasury supplies and prolonged higher rates from the Federal...
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'Another Meme Bites The Dust': After AMC's Crash, Bond King Bill Gross Warns That GameStop Is Next — Here's His Best Value Stock Pick
Thursday, August 17, 2023 - 12:36pm | 904AMC Entertainment Holdings Inc. (NYSE:AMC) was one of the hottest meme stocks in 2021. Now, it's facing a stark reality. On Monday, AMC shares plummeted 35%. Investors were concerned about dilution following Friday's court approval of a settlement that would allow the company to convert its...