Its Over, page-23369

...a week is a long time in politics, as we've heard that saying before.

...when we had the attempted assassination of Donald Trump and the RNC, the GOP looked unbeatable and Harris was considered a no match for the ex-President.

...over the past month however, Kamala Harris has energised to a level that now has her in the lead in polls in what is now touted as a more tightly matched contest, and the momentum seems to favour the VP.

...so the question is would a Kamala Harris victory herald the same Blue wave optimism as we had when Biden defeated Trump in 2020?

...if you recall, Trump's rein as President in 2019 and 2020 was a period of chaos -he presided over a trade war with China and as commander in chief, was a master of chaos in total denial over the Covid pandemic that led to millions of American deaths, the Blue wave victory along with the Covid vaccine lifted markets from a period of darkness into new found optimism and in post Covid crash, the equity market minted money for us.

...this time around, if Kamala wins, it would be more of the same, she is basically sticking with most of Biden policies, now to include higher corporate taxes and a price control policy, none of which is likely to excite the markets greatly (as we did in 2020) other than that a potential chaotic Trump administration is averted. But her victory could also lead to a contest on electoral outcome, and instability and that won't be positive for markets.

....on the other hand, should Trump wins, while the market may like his business-friendly policies of lower taxes and less regulations, the market could have concerns over his often chaotic rule, including his policies to impose tariffs leading to protectionism/mercantilism; rather than being able to improve the US economy, he would blame the Biden administration for his inheriting a messed up economy. Markets may react in a positive way in an initial knee jerk reaction but his policies to upend many established institutions would eventually lead to market disarray and turmoil in an already fragile economy.

....so under either party's rule, the outlook for the US economy/market would probably not see the same optimistic jolt as when we had the Blue wave victory of 2020.