30 October 2024 | 1 min. readingtime
Since the last time we paid attention to the American presidential elections last spring, the race for the White House has been shaken up. After a disastrous election debate for President Joe Biden in June and a failed attack on Donald Trump in July, the Republican candidate seemed to be heading for an election victory in November. This image completely changed when the Democrats exchanged Biden as presidential candidate for Kamala Harris, the current vice president. After a flawless Democratic party convention and a debate with Trump that went well for Harris, she took a clear lead in the polls. However, they now seem to have largely lost this lead, so that the expected result on November 5 ultimately remains just as 'too close to call' as it was six months ago. In the meantime, it has become more clear what both presidential candidates advocate in the economic field, so this seems a good time to see what a Harris or Trump presidency could mean for the American economy, and therefore also for investors.
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