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According to Bill Gross, the former CEO of bond investing firm Pimco, Donald Trump would have a more detrimental impact on the bond markets than Joe Biden.

Financial Times LogoFinancial Times3w ago

 According to Bill Gross, the former CEO of bond investing firm Pimco, Donald Trump would have a more detrimental impact on the bond markets than Joe Biden. - Financial Times

Quick Summary:

Trump, a Republican, is leading Biden, the Democratic incumbent, in most national opinion polls as well as several recent surveys of voters in the key swing states that are likely to decide the election.

In an interview that ranged from his current market picks to the origins of his rare stamp collection, Gross elaborated on what he has learned while compiling 40 years of his monthly investment outlooks into a new book.

But Gross’s comments undercut one of Trump’s central arguments on the campaign trail: that he would be a better steward of the US economy and financial markets than Biden.


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 According to Bill Gross, the former CEO of bond investing firm Pimco, Donald Trump would have a more detrimental impact on the bond markets than Joe Biden. - Financial Times (Picture 1)

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Article Details

Author / Journalist: Brooke Masters

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-26 @ 20:00:35 (3 weeks ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 667 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21094916

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 17 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

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The story " According to Bill Gross, the former CEO of bond investing firm Pimco, Donald Trump would have a more detrimental impact on the bond markets than Joe Biden." was covered 3 weeks ago by Financial Times, a news publisher based in United States.

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Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news.

The outlet is headquartered in United States and publishes an average of 17 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #21094916
  • URL: https://beamstart.com/news/bill-gross-says-trump-would-17167554281289

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