Cathie Wood on the US election and Trump's economic policies: The market likes tax cuts
2024-11-04 05:12:55
Odaily News Cathie Wood, a star fund manager in the United States and founder of Ark Investment Management, pointed out the correlation between the performance of the S&P 500 and Trump's poll data, and highlighted several key economic policies that could affect the market. She paid special attention to Trump's stance on taxes, tariffs and monetary policy. "The market likes tax cuts and has been worried that the tax cuts in the original tax bill passed during Trump's term will expire at the end of 25 years," Wood explained. She added that Trump has expressed support for extending these tax cuts and introducing additional personal and corporate tax cuts. (Benzinga)
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