Bill Gross Takes a More Bearish Tone on the Economy

Much like Carl Icahn, when Bill Gross tweets, everybody listens—said nobody ever, but despite his less than rock star status, a lot of people actually do hang on his every word.

If you’re unfamiliar with the name, Bill Gross is the co-founder of PIMCO, one of the largest fixed income mangers in the world with more than $2 trillion in assets under management. Gross is known as “The Bond King” and is worth about $2 billion.

But Gross lives in the bond world- about the least sexy (and least understood) of investment products. His academic musings on the market don’t grab the attention of investors the same way a tweet from Icahn does but this tweet caught the attention of market students: