Bill Gross: Trump, GOP Policy Should Favor Profits

The transcript discusses the unexpected market reversal following the election, highlighting the impact of Trump's policies and the market's reaction. It explores the implications of populism, comparing it to Brexit, and the potential for corporate-friendly policies. The conversation also touches on economic growth and skepticism about whether Trump or Hillary could stimulate real wage increases.

What was the speaker's initial reaction to the market reversal following the election results?

• Indifferent to the changes

• Stunned by the unexpected outcome

• Surprised by the implications

• Excited about the new policies

How did the market react immediately after the election results?

• There was no significant change

• The dollar strengthened dramatically

• Stock futures dropped and the dollar weakened

• Stock futures rose significantly

What comparison does the speaker make regarding the election results?

• A new era of globalization

• A return to traditional politics

• An unexpected economic boom

• A movement similar to Brexit

What is the speaker's view on the potential impact of Trump's corporate tax reform?

• It will lead to increased individual wages

• It will have no significant impact

• It will primarily benefit corporations

• It will benefit both corporations and individuals

What is the speaker skeptical about regarding the new policies?

• The ability to stimulate growth and increase wages

• The potential for increased corporate profits

• The likelihood of political stability

• The impact on international relations