News Formal

Billionaire hedge fund manager will pull out of market if Harris wins: 'I'm going to gold'

  • 📰 komonews
  • ⏱ Reading Time:
  • 22 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 63%

Harris News

Paulson,Trump,Election

The finance mogul points to the fact the vice president would increase the corporate tax rate.

NEW YORK, NEW YORK - SEPTEMBER 17: John Paulson on set of "The Claman Countdown" at Fox Business Network Studios on September 17, 2024 in New York City.

Paulson, a supporter of former President Donald Trump, is expected to be on Trump’s radar to potentially serve as treasury secretary. He believes Harris’s economic strategy would prove disastrous for America. “I’d be very concerned if Harris is elected and pursues the tax plans and other economic plans that she articulated,” he said. “I think it would result in a crash in the markets and a pretty quick recession.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 272. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hedge fund billionaire and Trump donor John Paulson says market would 'crash' under Harris tax plansJohn Paulson, a supporter of Donald Trump, said there could be a collapse in the financial markets if Kamala Harris' proposed tax plans become a reality.
Source: CNBC - 🏆 12. / 72 Read more »

Pro-Trump Billionaire Reveals Plans to Pull Investments from Stock Market if Kamala Harris WinsSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »