格罗斯还列出了他目前最喜欢的四项投资：第一个是电力服务公司Allete(ALE.US)，该股今年迄今已上涨近9%。格罗斯认为，该股未来12个月还有10%的上涨空间。格罗斯还提到了与油气合约挂钩的业主有限合伙企业(MLP)，他经常强调这是一种替代债券的富有成效的投资。在谈到国债替代品时，格罗斯提到了高收益抵押贷款Gross did not predict that the stock market bull market is about to collapse, but only mentioned that some unfavorable factors are about to come, including overvaluation, as well as various macroeconomic and geopolitical headwinds.
Futu Securities app learned that despite this year's record-breaking rise in the US stock market, leaving a deep impression on Wall Street, veteran bond king Bill Gross is not sure if this momentum can last longer. It is worth mentioning that Gross did not predict that the stock market bull market is about to collapse, but only mentioned that some unfavorable factors are about to come, including overvaluation, as well as various macroeconomic and geopolitical headwinds.
In his latest report, Gross stated that with the weakening momentum, investors should reconsider defensive and high-yield stocks. He also suggested investors reduce exposure to fixed income assets, as he had previously criticized the current situation of US Treasuries. Gross stated: "It's not a bear market, but it's no longer a bull market." He added that the stock market will receive positive returns of "low buying" in the future.
Gross also listed his current favorite four investments: the first is electrical services company Allete (ALE.US), which has risen nearly 9% year to date. Gross believes this stock still has a 10% upside in the next 12 months. Gross also mentioned master limited partnerships (MLPs) linked to oil and gas contracts, which he often emphasizes as a productive alternative to bonds. When discussing bond alternatives, Gross mentioned high-yield mortgage fundsReal Estate Investment TrustFund Annaly Capital Management. He also believes that municipal income funds such as DWS Municipal Income Trust are a worthwhile investment.
Gross specifically mentioned that if Democratic candidate Harris wins on November 5th and her party gains a majority of seats in Congress, the corporate tax burden may increase. In addition, Gross also stated that if global military tensions continue to escalate, economic growth will be hampered; the rising deficit— an issue Gross has repeatedly warned to be cautious of— will eventually slow down spending.
Gross also mentioned that legendary investor Warren Buffett is currently hoarding record amounts of cash. Some people believe that this is a sign that the stock market may soon experience a significant sell-off. For Gross, he believes that this at least foreshadows a "rough road ahead" for the stock market.
However, Gross also listed some positive factors that may counteract the above unfavorable factors, such as the decrease in U.S. inflation and continued investment in artificial intelligence.
