Respectfully, wrong. Gross manages a trillion dollars in bonds. He’s dumping US bonds because he sees what’s coming: complete economic meltdowm in the US. It’s inevitable now regardless if the GOP “works with” aka capitulates to the Dems. In fact, if the GOP does that, it will be worse (9th level of #### vs 7th). And they probably will...
You are focused on the trees but don’t see the forest.
Ask yourself, what is the trigger event? Why sell now?
That is the long term problem over the next 5-10 years, but what is the trigger event?