Bill Gross predicts a Trump victory could be more disruptive to bond markets due to proposed tax cuts and expensive programs.

Bill Gross, the co-founder of Pacific Investment Management Company, warns that a Donald Trump victory in the US presidential election could be more disruptive to bond markets than a Joe Biden win. Gross cites Trump's proposed continuation of tax cuts and expensive programs that would contribute to increasing US deficits as the reason for his prediction. Both candidates' campaign messages focus on the economy.

May 26, 2024
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