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National News
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Title: Billionaire stock market visionary reveals SHOCK financial move he'll make, if Harris wins the election
Source: [None]
URL Source: https://www.dailymail.co.uk/news/ar ... mala-Harris-wins-election.html
Published: Sep 18, 2024
Author: Horse
Post Date: 2024-09-18 07:25:04 by Horse
Keywords: None
Views: 111

By Melissa Koenig For Dailymail.Com

A billionaire stock market visionary has revealed the shocking financial move he would make if Vice President Kamala Harris were to win the presidential election.

John Paulson, known for his lucrative bet against subprime mortgages in 2007, said on Tuesday that he would pull all his assets out of the stock market if the Democrat nominee wins.

'I think if Harris were elected, I would pull my money from the market,' he said on Fox Business' The Claman Countdown.

'I'd go into cash and I'd go into gold because I think the uncertainty regarding the plans they outlined would create a lot of uncertainty in the markets and likely lower markets.'

The founder of Paulson & Co. whose estimated net worth is $3.8 billion went on to describe how he thinks Harris' tax policies would scare investors, resulting in a 'pretty quick recession.'


Poster Comment:

If capital goes on strike, she can solve the problem by making you pay more taxes.

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