CNBC's Jim Cramer on Monday told investors how a possible Kamala Harris administration might affect the market, suggesting her policies would be better for megacaps and international outfits.
"If you're looking to invest in tech, you want a world where tech has a voice in Washington, not slashed vocal chords under Trump or on mute under Biden," he said. Cramer said Harris seems to be"a true believer in globalization," and might have a more favorable attitude towards companies like Taiwan Semiconductor than former President Donald Trump and his running mate, JD Vance.on Monday told investors how a possible Kamala Harris administration might affect the market, suggesting her policies would be better for megacaps and international outfits.
He also said Harris seems to be"a true believer in globalization," and might have a more favorable attitude towards companies likethan former President Donald Trump and his running mate, Sen. JD Vance of Ohio. Cramer pointed out that Vance is a staunch advocate for smaller, domestic businesses, which does not bode well for companies with a lot of international operations.
"With a Trump-Vance ticket, there can be no doubt: The old free-market Republicans have been obliterated," he said."In their place is an America First withdrawal from the rest of the world, where all the money and the industry is left here, tariffs go up, and the government makes it much harder for businesses to move their operations overseas."2024 Paris Olympics
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