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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 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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'Buy A T-Bill And Chill': Bond King Jeffrey Gundlach Says He's Happier As A Bond Investor Now — Here's How To Get In On The Action
Thursday, October 19, 2023 - 11:09am | 681When interest rates were low, it was difficult for bond investors to earn a decent yield. Just ask DoubleLine Capital Founder Jeffrey Gundlach. Speaking at a recent investment conference in New York, Gundlach recalled what the bond market was like in 2016. He said if you wanted to earn a 5% annual...
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Bill Gross: Fed Will Raise Rates, If Only To Prove They Can
Thursday, April 30, 2015 - 1:13pm | 440The Federal Reserve released its FOMC statement on Wednesday in which it remarked that the slowdown in the U.S. economy is due to transitory factors. "Bond King" and Janus Capital Group Inc (NYSE: JNS) portfolio manager Bill Gross was on CNBC following the Fed's statement to share...