Kamala Harris Shines in Debate Against Trump, But Will It Impact the Market?
In a recent poll by The New York Times, The Philadelphia Inquirer, and Siena College, Democrat Kamala Harris emerged as the clear winner in the debate against Republican rival Donald Trump, impressing 67% of likely US voters. Despite her strong performance, Harris has yet to see a significant boost in the race for the White House.
The debate, watched by over 67 million Americans, covered a range of topics from immigration to the economy. However, for investors, it provided little insight into how each candidate would handle crucial issues like tariffs, taxes, and regulation.
Trump has promised to cut corporate taxes and take a tough stance on tariffs, while Harris plans to increase corporate taxes. Analysts predict that Trump's policies could boost company profits but also lead to inflation, while Harris's proposals may impact corporate returns.
During the debate, Harris criticized Trump's tariff policies, calling them a burden on the middle class. Trump defended his approach, arguing it wouldn't raise prices for Americans and blaming Harris for overseeing a period of high inflation during Biden's administration.
As an investment manager and financial market expert, it's crucial to monitor these debates and understand how each candidate's policies could impact the market. Stay informed and prepared for potential market shifts based on the outcome of the upcoming election.