'Bond King' Bill Gross says stocks look overstretched

'Bond King' Bill Gross says stocks look overstretched

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None Bill Gross struck a cautious tone on the stock market, economy, and US debt this week. • None The billionaire "Bond King" touted safer stocks over the high-flying "Magnificent Seven." • None The Federal Reserve needs to cut interest rates this year to avoid a serious recession, he said. Stock…

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