Billionaire hedge funder John Paulson says he'll yank his money from market if Kamala Harris wins election

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Politics News

US News,Business,2024 Presidential Election

Today's Video Headlines: 09/17/24

Billionaire hedge fund manager John Paulson has threatened to remove his money from the US markets if Vice President Kamala Harris defeats former President Donald Trump in November’s presidential election.

The future of the American stock market and economy relies on the winner of the Nov. 5 general election, the 64-year-old investor insisted. “I think the middle class is key for this election,” Paulson said. “And who’s gonna do better for the middle class. When you look at the facts, the Trump policy had come out better for the average American.”The future of the American stock market and economy relies on the winner of the Nov. 5 general election, the 64-year-old investor insisted.“Under his administration of the four years, average real wages grew about 6.5%,” he claimed.

“But unlike the Democrats’ proposal, we will ensure that our tax policy respects the dignity of work and does not pay people more for staying out of the workforce.”

 

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