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Bill Gross Warns Trump's Tax Plans Could Harm Bond Markets

The 'Bond King' predicts increased deficits and market disruption under a Trump presidency compared to Biden's tenure.

  • Bill Gross believes Trump's tax cuts and spending programs would exacerbate the fiscal deficit.
  • Gross argues that Trump's policies are more bearish for bond markets than Biden's economic strategies.
  • The investor has shifted his focus away from bonds due to rising deficits and market volatility.
  • Gross advises investors to temper their expectations for stock market returns.
  • Concerns about the U.S. debt and deficit have been echoed by other financial leaders.
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