Investing.com - Trump Expected to Win Debate Against Harris, Investing.com Reader Survey Shows
Republican Donald Trump is predicted to come out on top in a highly anticipated debate with Democratic opponent Kamala Harris, according to a survey of Investing.com readers. The event, scheduled for Tuesday night and to be broadcasted by ABC News, will be moderated by the network's anchors David Muir and Linsey Davis. This will be Harris's first face-off against Trump since securing the Democratic nomination, with recent national polling indicating a close race between the two candidates.
Out of 3,901 respondents to the Investing.com poll, 77.4% believe Trump will win the debate, while only 22.6% picked Harris as the victor. The last presidential debate in June raised concerns in Democratic circles about President Joe Biden's ability to continue his re-election campaign, leading to his endorsement of Harris, who then secured the Democratic nomination.
Despite a surge in support for Harris in key swing states, recent polls suggest a narrowing gap between her and Trump. A national poll by The New York Times and Siena College shows Trump leading Harris by a slight margin of 48% to 47%, within the poll's margin of error, indicating a highly uncertain election outcome.
Analysts at RBC Capital Markets anticipate Wall Street closely watching the debate for insights into the candidates' tax policy proposals. Harris plans to raise the corporate tax rate to 28%, while Trump promises to decrease it to 15%. RBC analysts forecast Harris's plan could decrease earnings by more than 8%, while Trump's plan may increase returns by over 7%, though doubts remain over the latter's implementation.
Citi analysts suggest election trades may gain focus post-debate, but investors should also consider the potential impact of an upcoming Federal Reserve monetary policy decision.
Analysis:
This article discusses the upcoming debate between Donald Trump and Kamala Harris, with Trump favored to win according to a survey of Investing.com readers. The debate is crucial as it could provide insights into the candidates' tax policies, which could impact corporate earnings and investor returns. The outcome of the debate and the election itself remain uncertain, with polls showing a tight race between the two candidates. Investors should monitor these developments closely to make informed financial decisions.