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GDP Growth Misses Estimate by 64 Percent, Recession Fears Real

GDP Growth Misses Estimate by 64 Percent, Recession Fears Real
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Billionaire 'bond king' Bill Gross tells investors to avoid tech and stick to value stocks

None Billionaire "bond king" Bill Gross told investors to avoid tech stocks and stick to value stocks. • None Microsoft is the only buy if investors must…

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Billionaire 'bond king' Bill Gross tells investors to avoid tech and stick to value stocks

Gross said in a post on X to avoid tech, but if you have to invest in the sector, one name stands out.

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Bill Gross Says Stick to Value Stocks, Avoid Tech as Treasury Yields Soar

Bill Gross Says Stick to Value Stocks, Avoid Tech as Treasury Yields Soar
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Bill Gross Says Stick to Value Stocks, Avoid Tech as US Yields Soar

(Bloomberg) -- Bill Gross offered some advice to investors as Treasuries and equities slumped Thursday after some worrisome US economic data: “Stick to value stocks, avoid tech for now.”Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience as Meta’s AI Push Spooks MarketHow to Get a Meeti

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Markets today: Treasury yields jump as GDP dashes Fed pivot hopes

Markets today: Treasury yields jump as GDP dashes Fed pivot hopes
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'Bond King' Bill Gross Tells Investors to Avoid Tech Stocks

Gross said in a post on X to avoid tech, but if you have to invest in the sector, one name stands out.

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Wall Street Roiled as Data Crush Fed Pivot Hopes: Markets Wrap

(Bloomberg) — Wall Street was rattled by data that showed exactly what investors did not want to hear: a sharp slowdown in the world’s largest economy and stubborn inflationary pressures. Treasuries sold off, with yields hitting fresh 2024 highs as the economic figures fueled “stagflation” jitters — bringing more uncertainty to the path of Federal…

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Billionaire 'bond king' Bill Gross tells investors to avoid tech and stick to value stocks

Billionaire 'bond king' Bill Gross tells investors to avoid tech and stick to value stocks
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Bill Gross Says Stick to Value Stocks, Avoid Tech as US Yields Soar

Bill Gross Says Stick to Value Stocks, Avoid Tech as US Yields Soar
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