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Citi: Trump and Harris' political platforms are both negative for US stocks, and investors are more concerned about other factors than the general election vote
Strategists at Citigroup said the political platforms of both Trump and Harris appeared to be bad for the US stock market, with the Democratic candidate's plan to raise corporate taxes being the most affected. Scott Chronert, an analyst at the bank, said Harris' plan would reduce the fair value of US stocks by 4% to 6%. Meanwhile, the impact of the policies planned by the Republican candidate is between 0% and negative...
2024-09-16 10:41:37
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