What business leaders are saying days before the election

The guidance from business leaders regarding the impact of tariffs and economic policies suggests that sectors sensitive to tariffs (such as consumer goods and retail) may face challenges if tariffs continue or increase. Companies like Brooks Running and VF Corporation are specifically worried about the effects of high tariffs on their cost structures, which could pressure margins. Thus, investors should be cautious with investments in companies heavily reliant on imports from tariff-affected regions while eyeing those with diversified supply chains or those investing in domestic production.

On the other hand, the general optimism surrounding the resolution of political uncertainties post-election can be a bullish signal for technology firms like Cisco, which might benefit from a stable policy environment. Cisco's emphasis on the importance of thoughtful trade policies could indicate future growth potential if the environment becomes more conducive for business expansion and innovation.