Harris vs Trump: Which will be better for the stock market?

Sep 6, 2024
harris-vs-trump:-which-will-be-better-for-the-stock-market?

It’s been a busy week for economic policy as the race for the White House continues between Vice President Kamala Harris and former President Donald Trump.

On the latest episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman talk Harris’s new economic plan for small businesses as well as some new projections from Goldman Sachs about the future of the US economy. “Goldman Sachs finds that if Trump gets elected and he enacts his whole plan…the economy would actually shrink in 2025 rather than grow,” Newman says. He further states that Goldman Sachs isn’t the only organization saying this. It’s “practically all of them.”

They are later joined by Jeffrey Hirsch, Hirsch Holdings CEO and editor in chief of Stock Trader’s Almanac to discuss all things stocks, the upcoming election, and how ‘Octoberphobia,’ could impact the market. Hirsch explains it doesn’t matter which party is better for the economy.,“What matters is Congress.”

Additionally, we look ahead to the upcoming presidential debate and anticipate what voters can expect to see from Harris and Trump in the coming weeks.

Watch more episodes of Capitol Gains here.

This post was written by Lauren Pokedoff

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