2 Question Tuesday – 10/22/2024 – The Market Expects A Trump Victory, Will It Fall If Harris Wins? Why Is The Market Rallying If Trump’s Tariffs Will Increase The National Debt By $7.5 Trillion?
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- The market expects a Trump Victory, will it fall if Harris wins?
- Why is the market rallying if Trump’s tariffs will increase the national debt by $7.5 trillion?
Phil, Mike, and Larry discuss how Stan Druckenmiller said markets are pricing in a Donald Trump victory ahead of next month’s election and what the markets will do if Kamala Harris wins. They then talk about why the market is rallying even though Trump’s plan for instituting tariffs will add $7.5 trillion to the national debt.
Submit your questions to question@2questiontuesday.com
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.