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.

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Financial Times 1 mo 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.