Kamala Harris is trying to kill American innovation: Howard Lutnick | Fox Business Video

In a recent discussion, Howard Lutnick, CEO of Cantor Fitzgerald, criticized Vice President Kamala Harris's economic strategies, claiming they hinder American innovation. He connected this sentiment to the Biden administration's regulatory approach, particularly regarding climate change, which he believes restricts corporate investment and growth opportunities. Lutnick also introduced BGC Group's FMX Futures exchange as a new initiative in the financial market.

Stock Forecasts

The criticism of the current administration's economic policies, particularly regarding innovation and regulation, suggests a potential slowdown in certain sectors. Companies involved in fossil fuels or high-emission industries might face challenges. Conversely, firms focusing on green technology or innovation could see mixed effects depending on how they adapt to or benefit from regulations.

Related News

Capitalist Pig hedge fund manager Jonathan Hoenig weighs in on market rallies, his concern for everyday Americans amid inflation, and his stock pick.

JPMorgan Chase & Co. chief Jamie Dimon on Friday sounded the alarm about "critical risks" to the U.S. economy in the bank's third quarter earnings report.

Slatestone Wealth Chief Market Strategist Kenny Polcari discusses the market rallying following the inflation report, Jamie Dimon's warning of geopolitical risks, and how he fared during Hurricane Milton.

SPY
TLT