Bill Gross Advises Against Buying the Dip as Stocks Plummet and Buffett Hints at Selling

Reported 2 months ago

Bill Gross warns investors to avoid buying the dip in the stock market, urging instead to consider selling during recoveries. His comments coincide with Warren Buffett's significant stock sell-off, which suggests a bearish outlook. Buffett's Berkshire Hathaway reportedly sold $75.5 billion worth of stocks and reduced its Apple holdings, further indicating a cautious strategy amidst weak economic signals. Analyst opinions are split, with some suggesting a downturn while others remain optimistic about future market recovery.

Source: YAHOO

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