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

  • 📰 nypost
  • ⏱ Reading Time:
  • 38 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 67%

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.”

 

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:

 /  🏆 91. in İE

Ireland Ireland Latest News, Ireland Ireland 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 »

Hedge Fund Billionaire John Paulson Says He'd Pull Money From Stock Market If Kamala Harris WinsRepublican megadonor and hedge fund billionaire John Paulson stated that he would withdraw his investments from the stock market if Vice President Kamala Harris wins the upcoming presidential election. Paulson cited concerns about the “uncertainty” surrounding her economic policies, particularly the proposed increases in corporate tax rates and capital gains taxes.
Source: BreitbartNews - 🏆 610. / 51 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 »