Kamala Harris presidential bid drives investors to question the 'Trump trade'

'Slight reversal' of Trump trade

Sorin Dojan
clock • 3 min read

After US President Joe Biden withdrew from the presidential race on Sunday (21 July), investors are now analysing the impact of a potential Kamala Harris presidency.

Having secured the backing of leading Democratic donors and many party officials, Harris, currently vice president, is now on track to be officially nominated as the Democrats' nominee for the November election. Her nomination came shortly after Biden announced his withdrawal from the re-election race, and in the process, throwing his weight behind Harris. "Today I want to offer my full support and endorsement for Harris to be the nominee of our party this year. Democrats — it is time to come together and beat [Donald] Trump," Biden wrote on X, formerly known as Twitter.  Richard d...

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