Bill Gross says don’t buy the dip as stocks crash while Warren Buffett’s moves hint at ‘sell signal’

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Warren Buffett News

Bill Gross,Berkshire Hathaway,Stock Market

'Investors should stop talking about buying the dip and start asking about selling recoveries.'

early Friday, Gross said there are very few "bull stocks" and pointed to pipeline master limited partnerships, banks, and financials in general.

But others on Wall Street remain bullish. Jay Hatfield, CEO at Infrastructure Capital Advisors, said in a note Friday that the jobs reports confirms the economy is slowing but doesn't signal the U.S. will enter a recession. The media scrum was greater than for a Champions League final. All up the staircases to the press tribune, reporters sat three abreast on the makeshift metal steps, any seats having been snaffled hours earlier.One child was killed and another was injured after a wind gust blew a bounce house into the air at a baseball game in Maryland on Friday night, local officials said. Local emergency personnel received a call in Waldorf, Maryland, at about 9:21 p.m.

 

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