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

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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.”

 

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