Billionaire Bill Gross’ Tip for Investing: ‘Stick To Value Stocks, Avoid Tech for Now’
In a recent post on X, Billionaire investor Bill Gross urged investors to avoid tech stocks. His recommendation came after the Bureau of Economics announced a weaker-than-expected U.S. GDP growth in Q1 2024 at an annual rate of 1.6%. As consumer prices remained elevated, Wall Street began pricing in reduced chances of interest rate cuts … Read more