Exit polls showed Harris made significant gains on the economy. But other concerns may have crowded it out.

Published On Nov 7, 2024, 4:00 AM

Exit polls indicated that Kamala Harris made significant advancements regarding voters' trust in economic issues. While she gained ground compared to previous data, Donald Trump still held a majority of 51% compared to her 47% in this category. Voter concerns have shifted, with a notable drop in the number of voters prioritizing the economy as the primary issue, leading many to favor Trump, especially on immigration and inflation. Consequently, Harris's focus on economic issues did not translate into electoral success, as democracy emerged as the leading concern for voters.

Stock Forecasts

The shift in voter priorities towards issues like democracy and a lower emphasis on the economy may influence the market focus on sectors benefiting from social and political stability, rather than solely economic performance. Additionally, Trump's stronger standing on the economy could ultimately bolster stocks in sectors he is likely to favor, such as oil and gas, or particular financial segments.

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