Government bonds are now among the most unpredictable vehicles in the investment world.
Interest rates may remain higher for longer than many investors expected, he said.
The trades comes weeks after Gross sold options underlying former president Donald Trump's media firm.
Most of the losses incurred by short sellers on the meme stocks' spikes happened in the last two sessions.
The firm's chief US equity strategist predicted “roughly a flat return from now until the end of the year.”
Meme stock darlings GameStop and AMC Entertainment have skyrocketed in value in the last few days.
The rally in U.S. stocks has slowed as economic growth shows signs of stumbling while inflation stays sticky.
Buying debt from the riskiest countries is helping some managers outperform the market.
So far, 2024 isn’t going quite how it was supposed to for the US economy: Inflation has been higher than expected and household spending seems to have lost some momentum...
A prolonged decision could spur a surge in market volatility, the firm said.
Real estate transactions have declined globally for seven consecutive quarters.
More recently, the month of May and the “Sell in May” time frame have yielded better results.
The economist said the new data should bring relief to global markets.
Market timing leads to unnecessary losses, the company's research arm says.
Investors are now unsure if rates will be cut at all this year.
Some see the cryptocurrency's slide as a sign that investors are growing averse to risk.
Market reactions would throw a "cold bucket of water" on any president who tries to manipulate the Fed, he said.
Big tech companies are being viewed by investors as shares that can withstand anything the economy throws at them.
The 11 U.S. spot bitcoin ETFs have seen outflows of $182 million this month.
Commodity bulls argue that strong underlying consumption ultimately means the sector will benefit.