Bill Gross: Trump Win Would Disrupt Bond Markets

Bill Gross, cofounder of PIMCO, warns that a Donald Trump presidency would worsen budget deficits and disrupt the bond market more than a Joe Biden term. Gross criticizes Trump's plans for permanent tax cuts and increased spending, while noting Biden's significant debt increase. With federal deficits soaring and the Treasury issuing more bonds, Gross predicts pressure on the bond market and advises investors to lower their stock market return expectations. Prominent financial leaders have also raised concerns about the U.S. debt situation.