Bill Gross Says Trump's Targeting of Companies Reminds Him of Mussolini

Posted on January 7, 2017

Bill Gross, a fund manager for Janus Capital and author, is concerned by Donald Trump targeting certain companies as President-elect. Gross says he is reminded of Benito Mussolini's fascist policies in Italy.

Gross tells Bloomberg News, "I think it's interesting David that some of these pre-term policies - he's not in office yet - where he's cajoling (if that's a nice word) companies to move production back in the United States. I think that's fine but it reminds to some extent - does it not - of policies in Italy long ago associated with Mussolini and government control of corporate interest. I don't want it to go too far."

Gross also says he dare not call it fascism. Take a look: