Bill Gross Doesn't See A Trump Bull Market In Investors' Future

Bill Gross doesn't see Donald Trump making America great again.

The president-elect's plan to reduce taxes and increase infrastructure spending is unlikely to bolster economic growth or equities, Gross, the oft-quoted Janus Capital Group (JNS) fund manager and bond guru, wrote Wednesday in a November commentary.

"There is no new Trump bull market in the offing," said Gross, who oversees the $1.68 billion Janus Global Unconstrained Bond Fund. "Investors must drive with caution, understanding...

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