Goldman: The Market Views A Kamala Victory As Negative For Stock Prices, Yields And The Dollar
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Much has been said - certainly during this week's presidential debate and in its aftermath - about that certain Goldman report that analyzed the impact of either a Trump or Harris administration on the economy.
While it is true that nobody has any idea what will happen over the next administration, even as 63% of voters agree that the economy was better 4 years ago when Trump as president, Goldman made some assumptions, crunched some numbers and found a modest boost to its economic modeling under a Kamala administration and a modest hit to the economy under Trump.
Harris pouned on this, saying during the debate that "I am offering what I describe as an opportunity economy, and the best economists in our country, if not the world, have reviewed our relative plans for the future of America... What Goldman Sachs has said is that Donald Trump's plan would make the economy worse, mine would strengthen the economy."