No Data
Here's What the CrowdStrike Outage Can Teach Investors About Black Swan Events
Better Cybersecurity Stock: CrowdStrike Vs. Palo Alto Networks
Big Tech Names Among Trending Stocks This Week as AI Frenzy Hits Roadblock
Technology's Grip on Modern Life Is Pushing Us Down a Dimly Lit Path of Digital Land Mines
Could CrowdStrike Stock Help You Become a Millionaire?
Up & Down Wall Street: What Happened to CrowdStrike and Delta Could Happen to the S&P 500 -- Barron's
EZ_money :
Mr Trecherous :
EZ_money Mr Trecherous :
ZnWC : Thanks for the reward points
Here's a list on how Harris presidency will impact the stock market:
1) Good for Big Tech
Harris has significant ties to major tech firms dating back to her time as a California prosecutor, the home of Silicon Valley, and experts say she largely played nice with leading firms like Google during her time in California politics.
2) ESG & Infrastructure
Harris has a strong stance on climate change and environmental policies which should support ESG (Environmental Social Governance) investors and the transformation of the broader oil and gas industry to include more renewable energy.
3) Healthcare companies that focus on the well-being of women
One of the most popular but confrontational topics of the upcoming election will be on the broader legalization of abortion or the pro-choice narrative. Harris stands pro-choice while Trump and his running mate JD Vance have stood with the opposing pro-life initiative. The higher standards for women’s health will be of significant interest under a Harris presidency and healthcare companies that focus on the well-being of women will benefit.
4) Continuation of Biden admin and Trump Trade to fade
Harris presidency would be, for all intents and purposes, a continuation of the Biden administration. Her take on foreign tariff policies may affect Chinese equities. EV industry, clean energy and businesses that help to reduce impact on air pollution will continue to enjoy the tax credit and rebates brought by the Inflation Reduction Act (IRA). Trump trade will begin to fade.
Bottom line
The cycle, which is the recent stock market rotation toward ‘red’ sectors and away from ‘blue’ ones, may play a larger role in how stocks trade broadly than who is in the White House. Personally I am more concerned about the longer term outlook such as the impact brought by the possible Fed rate cut in September, US economy slipping into recession and geopolitical tension between China and US.
HuatLady : With a new likely nominee running for office, people would likely focus on what policies Harris may prioritize as president. These could include healthcare changes, actions on climate changes, immigration policies, and her plans for economic initiatives.
Regardless of who will emerge as the final winner in this forthcoming presidential election,Trump or Harris, my sincere wish is for the newly elected president's solution to end this nightmarish war and that will be his or her greatest gift worldwide.
View more comments...