Gross, Seeing Stocks Plunging 10%, Urges Flight to Cash

``Gross, who earlier made prescient calls on German bunds and Chinese equities, said U.S. stocks will drop another 10 percent because economic conditions don't support a rally like in 2013, when corporate profits were going up. Today they are flat-lining and low commodity prices are hurting energy companies, said the manager of the $1.4 billion Janus Global Unconstrained Bond Fund.''