Stock Market, Wall Street
The stock market merely registers, and does not cause, what takes place in the realm of business and profits. $ Wall Street The market discounts everything but the completely unexpected.
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Fortune: Bill Gross says it's time for investors to plan a "Great Escape"
FORTUNE Bill Gross says it's time for investors to plan a "Great Escape" By Stephen Gandel, senior editor March 28, 2012: 5:00 AM ET Bond king Bill Gross says it's time to get your portfolio ready for a long-period of lower market returns. FORTUNE -- Apparently, Bill Gross picks movies as well as investments. Bond investor Gross, who runs the world's largest mutual fund Pimco Total Return (PTTRX), is known for his quirky letters to investors. In the past he has dispensed love advice (specifically for Europe) and written about why he hates automatic flush toilets. His letter this month, which came out on Tuesday, instead offers movie advice. Gross' big screen pick is The Great Escape.