Donald Trump Losing Ground to Kamala Harris in Latest Poll - Impact on Financial Markets and Investments
By Jason Lange
WASHINGTON (Multibagger) - Recent polling data suggests that Donald Trump's lead over Kamala Harris in key economic and crime issues is dwindling, indicating a shift in voter sentiment as the Democratic vice president gains traction in the lead-up to the Nov. 5 presidential election.
The latest Multibagger/Ipsos poll, conducted from Aug. 23-25, revealed that Trump's advantage on the economy and employment has narrowed, with 43% of registered voters favoring his approach compared to 40% supporting Harris. While the 3 percentage point difference falls within the poll's margin of error, it marks a significant shift from a previous poll in late July where Trump held an 11-point lead on the economy.
In terms of crime and corruption, Harris and Trump are now tied at 40% each, indicating a shift towards Harris who trailed Trump by 5 points in the July poll.
National polls have shown Harris edging ahead of Trump since she entered the race in July, following President Joe Biden's withdrawal. The latest Multibagger/Ipsos poll from late July had Harris leading by 1 point, 43% to 42%.
With independent candidate Robert F. Kennedy Jr's recent decision to suspend his campaign and endorse Trump, the race's dynamics could further change as Kennedy had garnered 8% support in the July poll.
Trump's criticism of the Biden administration's handling of the economy, coupled with rising inflation, has been a focal point of his campaign speeches. In contrast, Harris has emphasized efforts to tackle price gouging and control inflation.
The economy emerged as the top issue for 26% of registered voters in the new poll, followed by political extremism and threats to democracy at 22%, and immigration at 13%. Harris was preferred over Trump on extremism, while Trump had an edge on immigration policy.
Despite their policy differences, both candidates face challenges in terms of likability, with 59% of voters viewing Trump unfavorably and 52% holding a negative view of Harris. Harris, however, enjoys a slightly higher favorability rating compared to Trump.
The poll, which gathered responses from 1,028 adults nationwide, including 902 registered voters, highlights the evolving dynamics of the presidential race and its potential implications for financial markets and investments.
Analysis: The narrowing gap between Trump and Harris on key economic and crime issues suggests a shift in voter sentiment that could impact financial markets. Investors should monitor the candidates' policy proposals and market reactions to anticipate potential opportunities or risks associated with the election outcome.