Bill Gross warns investors to be wary

Here is the latest market news from Wholesale Direct Metals. Investors should be wary as low interest rates, aging populations and global warming inhibit real economic growth and intensify headwinds facing financial markets, according to Bill Gross. Stocks have recently traded near record highs, even as the U.S. economy is expected to grow just 2.2 percent this year and 2.3 percent in 2018, according to data compiled by Bloomberg. That’s extending a long-term trend dubbed by some as “the new normal” or “secular stagnation” and dominated by central bank-engineered low and negative interest-rate policies. They drive up prices on assets such as stocks and real estate while doing little to create real economic expansion, according to Gross. Wholesale Direct Metals complaints about the financial markets are confirmed in this latest data.