Bill Gross
Bill Gross.
  • Bill Gross expects the stock market to slump once the economy cools and saps investor enthusiasm.
  • The "Bond King" expects slowdowns in the US and China to dampen the buzz around AI and stocks.
  • Several experts no longer anticipate a recession, while others continue to predict a slowdown.

Stocks are set to retreat once two bruising headwinds pummel bullish investors into submission, Bill Gross says.

"Exciting doubles match currently in stock market," the billionaire investor tweeted on Monday. "AI and market momentum vs China/US slowdown and negative curve persisting. I pick the latter."