Donald Trump vs Kamala Harris: How will markets react after the US election?

Name: Donald Trump vs Kamala Harris: How will markets react after the US election? | Humix Video
Uploaded: 2024-11-05T04:18:21+00:00
Duration: 1 min 48 s

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the US election is just one day away
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with beting markets and pollsters
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predicting incredibly tight race while
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here at CM we don't know who's going to
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win what we can do is figure out how the
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markets will react when we know the
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result so how are markets expected to
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react if Trump wins and what will stocks
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do if Harris wins former president Trump
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has been campaigning heavily on economic
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issues around tariffs so it' be no
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surprise that markets expect some impact
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on the economy from his win Trump is
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promising to raise tariffs by as much as
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10 times higher which could worsen
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inflation as prices rise for us
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consumers Trump's tax plans which are
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expected to be a repeat of his $ 1.9
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trillion bill from 2017 could also make
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the deficit much bigger though any plans
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to slash taxes would have to get through
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Congress both higher taxes and bigger
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government debt could cause instability
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in the US economy leading many to flock
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to defensive stocks and away from Risky
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bets that do well when the economy is
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growing the single investment that
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everyone can agree will do well if Trump
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wins Bitcoin the former president has
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shifted his views on the cryptocurrency
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promising to implement a pro Bitcoin
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agenda to make the US the crypto capital
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of the planet meanwhile if vice
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president Harris manages to pull off a
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victory things should stay fairly steady
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other than perhaps a slight bump of
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relief from Trump's policies Harris
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would likely continue Biden's agenda of
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investing in Renewables infrastructure
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and specialist areas of the US economy
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like chip makers all of which could get
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a bump from her Victory ultimately
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though presidents end up not having much
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of an effect on markets according to
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analysts when betting markets have
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radically shifted during the election
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like after Trump's assassination event
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or the presidential debates the S&P 500
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hasn't moved at all here at CM we want
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to know what do you think will happen at
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the election tomorrow night and how will
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markets react let us know in the
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comments
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Donald Trump vs Kamala Harris: How will markets react after the US election?

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