Reported 5 months ago
Bill Gross believes that a potential Donald Trump victory in the US presidential election would cause more disruption in bond markets compared to a Joe Biden win, as reported by the Financial Times. Gross stated that Trump's policies advocating for continued tax cuts and increased spending would exacerbate the growing US deficits, making his election more bearish. Investors are assessing how the upcoming elections in November could impact markets, with both candidates presenting their economic platforms.
Source: YAHOO