Bill Gross Warns Trump Win Would Harm Bond Markets

1 min read
Source: Seeking Alpha
Bill Gross Warns Trump Win Would Harm Bond Markets
Photo: Seeking Alpha
TL;DR

Bill Gross, co-founder of Pimco, believes a Donald Trump win in the U.S. presidential election would be more bearish for bond markets than Joe Biden's re-election due to Trump's advocacy for continued tax cuts and expensive programs. Gross also criticizes the current deficit spending and suggests investors temper their expectations for stock market returns.

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