Billionaire ‘Bond King’ Bill Gross recommends 4 defensive investments for a bull market he sees losing steam
Lucy Nicholson/Reuters Billionaire investor Bill Gross says the stock market’s record-breaking run is set to slow. He recommends that investors reposition toward defensive and high-yielding stocks. His favorite investments at the moment include MLP pipelines and municipal income funds. Though this year’s record-beating stock rally continues to impress Wall Street, billionaire investor Bill Gross isn’t…