by Jim Rickards, Daily Reckoning:
As my longtime readers know, I’m a financial forecaster who prefers to focus on markets.
But because politics can have such a large influence on markets, I can’t afford to ignore politics. So I’ll be focusing a lot on the November election in the next two months.
Today we’ll be looking at the candidates’ platforms, along with polling results and methodologies.
TRUTH LIVES on at https://sgtreport.tv/
We’ll also consider some wild cards that most financial media are not anticipating and most investors are not aware of.
The implications for investors could not be more clear. So let’s dig in.
You’ll be bombarded with polling data almost daily from now until Election Day. It’s critical to understand how polls can be rigged by skewing the poll participants and other statistical techniques and which polls you can trust.
Trump supports lower taxes, less regulation, higher tariffs on imported goods, a secure border, deportation of illegal immigrants (starting with criminals and terrorists) and a strong military but little or no involvement in foreign conflicts. And he wants to “drill, baby, drill.”
Harris wants higher taxes on corporations, higher taxes on capital gains, price controls, open borders, defunding the police, ending private health insurance, continued aid to Ukraine to keep that war going and expansion of the Green New Scam.
You don’t need to be an economist or political scientist to see that the Trump and Harris policies are complete opposites, and they will have radically different impacts on individual stocks, bonds and portfolio allocations.
(As you know, the big Kamala-Trump debate takes place tomorrow night. I’ll be appearing on the Paradigm Press YouTube Channelfor my post-debate breakdown that’ll go beyond the headlines. Prepare yourself for the unexpected. Tune in on Wednesday, Sept. 11 so you don’t miss a minute of the action.
Click here to subscribe, so you’ll be the first to catch this urgent video.)
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