Bill Gross Warns Dip-Buyers to Stay Out of ‘Epic’ Market Turmoil
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As spiraling tariff worries hammer US stocks, legendary investor Bill Gross is urging prospective dip-buyers to stay on the sidelines.
The co-founder and former chief investment officer of Pacific Investment Management Co. said the selloff — which has dragged the S&P 500 down by more than 4% on Thursday — is a “deep market event” with little resolution in sight.