US Vice President Harris takes Trump's lead! Which stocks are likely to benefit?
It's less than 3 months until election day, and since US Vice President Harris was nominated as the Democratic Party candidate in place of Joe Biden, competition has become increasingly intense. According to WSJ polls, Vice President Harris has separated from former President Donald Trump, and market interest in assets that are likely to benefit from his policy proposals is growing.![]()
According to the latest opinion polls from the New York Times and Siena University, in the important states of Wisconsin, Pennsylvania, and Michigan, Mr. Harris leads Trump by 4 points. This has important implications.
Across the US, Mr. Harris has already surpassed Mr. Trump.According to Real Clear Politics data, since surpassing Trump last Monday, Mr. Harris's lead0.5%It has expanded to According to a public opinion poll conducted by Ipsos from 8/2 to 7, Mr. Harris across the United States42%vs37%It is leading Mr. Trump.
According to a public opinion poll conducted jointly by the Financial Times and the University of Michigan Ross School of Business, voters' trust in Mr. Harris is already on par with their trust in Mr. Trump in response to economic issues. The voters'42%Whereas they trust Mr. Harris, Mr. Trump41%。
This 1% lead is within the margin of error of ± 3% of opinion polls, but voters who trusted Mr. Biden's economic management last month suggested changes in the Democratic Party faction's movements35%That's because it's just that.
According to ABC News, Mr. Harris and Mr. Trump are scheduled to hold a debate on 9/10, and this will be their first direct confrontation before the election, and it is expected that it will attract a lot of attention.
As Mr. Harris's chances of winning increase, market interest is shifting to stocks that are likely to benefit from his policy proposals.
Mr. Harris has consistently opposed climate change factors such as fossil fuels, and has prioritized renewable energy and environmental justice. In the 2019 presidential election campaign, a “climate plan for citizens” was announced, and it was proposed to invest 10 trillion dollars to realize a clean economy by 2045.
According to Ballotpedia, on Mr. Harris's election site, it is written that this plan will accelerate the spread of electric vehicles, solar panels, and wind turbines, invest heavily in storage batteries, climate-friendly agriculture, advanced manufacturing, and technological innovation, and realize a carbon-free future.
Mr. Harris advocates tax cuts for low- and middle-income earners, and is proposing a monthly tax credit of $500 to individuals under 0.1 million dollars. This could increase the spending power of the middle class and benefit the consumer goods sector. Notable stocks are major retailers $Amazon (AMZN.US)$、 $Walmart (WMT.US)$、 $Costco (COST.US)$etc.
Mr. Harris has an active position on cannabis, criticizes current regulations, and is calling for a change in cannabis policy by urging the U.S. Narcotics Control Administration (DEA) to reclassify cannabis. Notable stocks $Teva Pharmaceutical Industries (TEVA.US)$、 $Dr. Reddy's Laboratories (RDY.US)$、 $Tilray Brands (TLRY.US)$etc.
Mr. Harris paid attention to the affordability of housing in the United States, proposed a “rent relief law,” and provided tax credits to renters with an annual income of 0.1 million dollars or less. This could have a positive impact on the US real estate sector. Notable stocks $D.R. Horton (DHI.US)$、 $Lennar Corp (LEN.US)$、 $PulteGroup (PHM.US)$etc.
Mr. Harris has not clarified his position on virtual currency, but according to Reuters, David Proof, who is a former aide to President Obama and a former member of Binance's Global Advisory Committee, was appointed as a senior strategic advisor, suggesting the possibility of adopting favorable policies for the virtual currency industry.
Coinbase CEO Brian Armstrong stated at the financial results briefing on 8/1, “Whether it is the Democratic Party or the Republican Party, there is growing optimism that the next administration will be positive about virtual currency.”
Source: Reuters, CNBC, TheStreet, moomoo
This article uses automatic translation for some parts
-MOOMOO News Kouchi
This article uses automatic translation for some parts
-MOOMOO News Kouchi
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182231678 : Well, that's because the American mass media is on the left, just like in Japan. I don't think Harris will win.
ころ先生 : What will happen to the semiconductor sector? Biden introduced the Chips Act, and I think it's important for US
security, but...