Your current location is:{Current column} >>Text

Bill Gross, 'Bond King', says Trump's presidency favors short

{Current column}91856People have watched

IntroductionRenowned bond investor Bill Gross told the Financial Times that having Donald Trump as president aga ...

Renowned bond investor Bill Gross told the Financial Times that having Donald Trump as president again would be metatrader downloada more "bearish" choice for the bond market.

Gross, once the most influential voice in the market, predicts that Trump's second term would result in higher deficits compared to President Joe Biden's tenure.

Bill Gross, 'Bond King', says Trump's presidency favors short

Gross stated, "Trump is the more bearish candidate due to his policies advocating continued tax cuts and more expensive measures." He also pointed out that the Biden administration has spent far beyond tax revenue, but "Trump's election would be even more disruptive."

Gross, often referred to as the "Bond King," is the founder of fixed income giant PIMCO.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

Tags:

Related articles