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Bill Gross: Brexit is 'a danger to risk assets'

Bill Gross, the billionaire bond investor, discussed his views on Brexit's impact on global markets, politics and the euro on CNBC on Friday.

"This successful Brexit is a danger to risk assets," Gross said. "It endangers established politics [and] established economic policies."

He added that this populist theme sweeping the globe is "deflationary."

Gross is a lead portfolio manager at Janus Capital. Previously, he co-founded and worked as chief investment officer of Pimco.

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