A 70-year-old man put on sunglasses, and the Twitter crowd went wild.
That man, of course, was PIMCO leader Bill Gross, speaking at the Morningstar Investment Conference in Chicago and propelling the gathering's hashtag, #MICUS, into the Trending Topics list — a rarity for a wonky financial confab.
Meanwhile, Team U.S.A. advanced in the World Cup. U.S. Soccer helpfully provided a get-out-of-work note for fans who wanted to watch the U.S. vs. Germany game, while those who weren't so lucky (or so gutsy) followed the play-by-play on Twitter.
Along the way, money coach Michal Bodi had words of advice for market timers, Morningstar speaker Clifford Asness coined a hashtag for politicized, outrage-mongering journalists, and Reuters reporter Suzanne Barlyn had some frustrating issues with Google search.
On General Economic Topics
Only reason the market is going up is a gradually improving economy, low rates, solid earnings growth, rising confidence and buybacks. Scam.— Downtown Josh Brown (@ReformedBroker) June 30, 2014
Google doesn't know FINRA lingo too well. When I Google "OATS" I get Quaker Oats. For "blue sheets" I get, well, blue sheets.— Suzanne Barlyn (@SuzanneBarlyn) June 6, 2014
June is statistically the worst month to ‘time the markets’. Other bad months are Sep, Mar, Nov, Jan, Dec, Oct, Feb, Apr, Aug, May & Jul.— Michal Bodi (@MichalBodi) June 24, 2014
These GM recalls are actually entering the realm of the surreal. They go back to 1997. 1997! Princess Diana was still alive!— Heidi N. Moore (@moorehn) June 30, 2014
Tell a person their "smart beta" fund is a tweaked index fund & they look at you like you shot their dog. Nothing wrong with index funds.— Tren Griffin (@trengriffin) June 29, 2014
It's almost as if the linkage between employment and health care is a fundamentally terrible idea.— Tom Tomorrow (@tomtomorrow) June 30, 2014
On the World Cup
Attorneys also bite each other sometimes. I know I do. "Why athletes like Uruguay’s Luis Suarez bite" http://t.co/Hk2rdHGdcS— FinanciallyRegulated (@BeingRegulated) June 26, 2014
How many more games do we have to lose in order to win the championship?— Josh Barro (@jbarro) June 26, 2014
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