A team led by Scott Chronert found that the Harris platform would hit the fair value of US stocks by 4% to 6%. "This is mostly a function of the direct implication of higher corporate tax rates in a Harris outcome," they wrote in a note. Meanwhile, the impact of the planned policies of the Republican candidate are seen between 0% and negative 4%. Trump's program would trigger the biggest hit to the US fiscal deficit which is set to become a major issue moving forward, the strategists said.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.