US Presidential Elections: How Stock Market Will Be Impacted By Harris Vs Trump?
The US Presidential Elections is underway and it is becoming increasingly more competitive. As more and more American voters line up to decide the next President for their country between Donald Trump and Kamala Harris, investors are eagerly awaiting the results.
In a too-close-to-call election, it is evident that markets will feel the impact of the final results and this effect would be felt at the global level.
Emkay Global’s Madhavi Arora predicted that a full sweep by Trump will be the most positive outcome for the equity markets due to his supportive corporate tax regime and low regulatory burden, reported The Economic Times.
However, she pointed out, “Any gridlock is technically equity market-negative. However, the gridlock would be the most bearish outcome for spending, implying goo...