BOB RUBIN: What The Markets Are Telling Us About The Election?
With the U.S. stock markets and markets around the world in free fall yesterday, it is a good time to walk conservatives in America through how a Vice President Kamala Harris or a former President Donald Trump presidency would affect your wallet and checkbook.
Today we see the markets rebounding a little bit, but this market volatility is not good for U.S. industries and retail investors.
As the U.S. political landscape shifts, investors are keenly observing the potential economic impacts of a Harris presidency versus Trump’s return. Both scenarios offer distinct paths for key industries, retail investors and the broader economy. Let’s jump in and analyze both scenarios.
Consider first the economic impact of Harris becoming president. She is known for her advocacy of stronger regulatory measures, particularly in healthcare, technology and finance. While these regulations aim to protect consumers and ensure fair competition, they could also lead to increased compliance costs while impacting profitability, especially for tech and financial firms. The potential for more stringent oversight could reshape industry practices and innovation.
Harris has also expressed support for a balanced energy policy, combining renewable energy initiatives with the continued use of fossil fuels like natural gas. Recently, she has stated she would not ban fracking,........
© The Daily Caller
visit website