Inside Kamala Harris’s Big Economic Pitch

Published On Sep 25, 2024, 7:55 AM

Vice President Kamala Harris is set to deliver an important economic address aiming to position herself as a defender of the middle class and small businesses while contrasting her policies with those of former President Donald Trump. Harris' speech will highlight her experience in public-private partnerships and outline proposals including tax breaks for small businesses and help for homebuyers. However, recent polls show many voters still prefer Trump's approach to the economy, raising the stakes for Harris as she seeks to sway undecided voters.

Stock Forecasts

Harris' upcoming speech may improve investor sentiment toward sectors supporting small businesses and consumer-focused policies. Her proposals could signal a more favorable regulatory environment for small caps and consumer goods companies.

However, Trump's strong economic messaging and more favorable perception among voters could lead to potential volatility in the markets until after the election, especially in sectors like large-cap corporations that may be affected by changes in corporate tax policies.

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