Bill Gross Sees 'No New Trump Bull Market' for Investors

The video discusses the November investment outlook, highlighting the absence of a new Trump bull market. It questions the effectiveness of tax cuts and infrastructure spending in spurring economic growth, given the current market conditions of higher yields and a stronger dollar. The potential for fiscal stimulus is uncertain, with several hurdles to overcome. The discussion suggests that to drive economic change, conversations need to happen in boardrooms and households to shift consumer expectations and behavior.

What is the main concern regarding the economic growth mentioned in the text?

What factors are mentioned that could potentially offset fiscal spending stimulus?

What does the title 'populism takes a wrong turn' suggest about the author's perspective?

According to the text, what is necessary to drive the economy forward?

What role do consumer expectations play in the context of economic stimulus?