Tag: stimulus

Investing legend Bill Gross says there is ‘little money to be made’ in the world as stimulus wanes and lists 3 sectors investors should buy to play defense

FILE PHOTO: Billionaire investor Bill Gross listens during the Milken Institute Global Conference in Beverly Hills


 

  • Investing legend Bill Gross said there is “little money to be made almost anywhere in the world” in his most recent investment outlook note. 
  • The famed bond and fixed-income investor said that much, if not all of the US fiscal stimulus is over. 
  • Investors should play defense by looking to “shunned sectors” like tobacco, banks, and certain European stocks.

“There is little money to be made almost anywhere in the world – Covid 19 vaccine or no.”

That’s according to legendary

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