W3Schools

The Tell: Gross warns investors of the ‘negatives’ of Trump policies

Investors need to pay attention to the “negatives” of President-elect Donald Trump’s policies, bond guru Bill Gross said in a Tuesday missive to investors.

After shaking off initial worries about a Trump presidency, equity markets have mostly rode a wave of euphoria, with the Dow Jones Industrial Average DJIA, +0.18% rallying 5.5% and the S&P 500 SPX, +0.34% climbing roughly 3% gain since election night.

Government bond prices, meanwhile, have unraveled. The yield on the benchmark 10-year Treasury note TMUBMUSD10Y, -0.98% for example, surged from 1.6% at the end of September to 2.40% in recent trade Tuesday — a sizable move for government bonds as investors turned risk-giddy rather than risk-averse after the election.

>>> Original Source <<<

Comentários