Fink, Gross, Gundlach And Marks Are Sounding The Alarm

Larry Fink, Howard Marks, Bill Gross and Jeffrey Gundlach have one thing in common. According to Bloomberg, these investment pros are all anxious and nervous as U.S. stock indices are trading at historical all-time highs.

Fink, chairman and CEO of BlackRock, Inc. BLK - told Bloomberg on Thursday that the upcoming earnings season better produce "better than anticipated" earnings. Otherwise, the recent rally in stocks "will be short lived."

Fink also said in his company's earnings statement on Thursday that the firm's clients "are facing unprecedented challenges as they attempt to navigate the current investment environment."

Related Link: Larry Fink: There Is Evidence To Justify Record Highs, But It Might Not Be Where You Think

Marks, the co-chairman of Oaktree Capital Group, told Bloomberg that the bond rally carries dangers.

"We are living in a difficult, low-return world that has been ignoring risk incidents," Marks said. "When the market shrugs off its problems, it is not a plus, as that permits problems to accumulate. Up-cycles don't go on forever."

Meanwhile, DoubleLine Capital's Gundlach said sovereign bonds are too risky and there is a "mass psychosis" among investors who are seeking yield.

And then there is the famed bond investor Gross, who told Bloomberg last week the June employment data wasn't as "hunky-dory" as it may seem and "nothing to get excited about."