Mirabaud's John Plassard: What a 'Harris trade' would look like

Trump trade could see 'some volatility'

clock • 4 min read

Following US president Joe Biden’s withdrawal from the presidential race, many Democrats, including Biden himself, have rallied behind the country's vice president Kamala Harris.

The question now is whether this is the best option for the Democrats to beat former US president Donald Trump, who is thirsting for revenge. Coronation or deliberation? If the Democrats wait for the party's convention and do not act before, the most straightforward solution is to rally around Harris as a unifying force in a time of crisis. She could take over the 'machine' and the bank account of the Biden-Harris campaign (estimated at nearly $90m). Biden bows out of race for the White House and endorses Kamala Harris If one or more other candidates put themselves forward for...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on US

Investors less bearish in May as recession fears recede
US

Investors less bearish in May as recession fears recede

BofA Global Fund Manager Survey

Sorin Dojan
clock 14 May 2025 • 2 min read
Impact of Trump's policies on US economy 'highly uncertain' as Fed hold rates steady
US

Impact of Trump's policies on US economy 'highly uncertain' as Fed hold rates steady

Inflation still above Fed's target

Sorin Dojan
clock 08 May 2025 • 2 min read
US SMIDs bleed more than $13bn after 'Liberation Day'
US

US SMIDs bleed more than $13bn after 'Liberation Day'

Investors split over fate of US assets

Sorin Dojan
clock 07 May 2025 • 4 min read
Trustpilot