Bill Gross: No ‘bull market’ under Trump
Investor Bill Gross is predicting that President-Elect Donald Trump will disappoint his supporters, warning that we shouldn’t expect a bull market under his administration. Ameera David has the details. Then, Bianca Facchinei takes a look at the profits of oil giants BP and Shell. Afterwards, Manuel Rapalo breaks down how world leaders at the COP22 climate change conference in Morocco are reacting to the Trump phenomenon.
Following the break, Cate Long, partner at Puerto Rico Clearinghouse, gives her take on Puerto Rico’s new governor, Ricardo Rosello, and what the island may face under a Trump presidency. And finally, in The Big Deal, Edward Harrison takes a look at the messy US mortgage market, in which interest rates are rising.
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