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US elections: “Let's make money!”

US elections: “Let's make money!”

Donald Trump vs. Kamala Harris, that's verbal brutality from the Republican challenger. But what sometimes causes disapproval and unrest among the population makes the financial markets extremely cold. The focus there is not on political correctness, but on “Let's make money!”

Trump does not need to hide here with his policies. Even in his first term in office, he showed himself to be pro-economy, for example through tax cuts. Success can also be seen in stock prices. The Standard & Poor's Index, which includes the 500 largest American companies, rose by about two-thirds during its term from the beginning of 2017 to the beginning of 2021. For Joe Biden, the percentage currently stands at 50 percent, and even Barack Obama got 180 percent.

Of course, there are also many external circumstances that affect development. Under Trump, the global political situation was more stable, while under Biden technology companies saw an incredible rise (also thanks to the hype around artificial intelligence), which led to generally higher prices.

Harris wants economic policy to be tighter, but more predictable. Yes, to increase corporate taxes, but to reduce punitive tariffs, which have a negative impact on global trade and thus on globally active American companies. And you wouldn't invite a storm at the Capitol either. Although it did not affect the courses at that time.

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