Bill Gross Warns Trump Win Would Disrupt Bond Markets

1 min read
Source: Yahoo Finance
Bill Gross Warns Trump Win Would Disrupt Bond Markets
Photo: Yahoo Finance
TL;DR

Billionaire investor Bill Gross warned that a second Donald Trump presidency would be disruptive for bond markets due to Trump's tax cuts and spending programs, which would worsen the US fiscal deficit. Gross, who has shifted his investment focus away from bonds, believes Trump's policies would be more bearish compared to Joe Biden's.

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