what's at stake
How A Trump Or Harris Presidency Could Impact Your Investments
BI compiled outlooks from top Wall Street strategists to get a clear picture of what potential Trump or Harris wins would mean for markets.
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The Lede
With the presidential election just over a week away, and the candidates in a dead heat in the polls, Americans are in suspense about how their lives will change under a new leader. Business Insider has prepared a five-part refresher for the final stretch that will unpack the potential impact that both Donald Trump and Kamala Harris presidencies will have on US consumers. Today's first installment is focused on the investment landscape.
Key Details
- Trump and Harris have outlined policy proposals that will impact different parts of the stock market. Their varying platforms will also be crucial in determining the future path of interest rates, which will shape the bond market.
- Trump critics argue that his proposal for universal tariffs and steeper levies on Chinese imports — as well as a crackdown on immigration — will be inflationary.
- Harris's proposal to hike the corporate tax rate to 28 percent — from 21 — would have an inverse effect on sectors.
