Trump or Biden will 'dictate' tax policy debate: Expert
01/24/2024 01:55
Former President Donald Trump and former South Carolina Governor Nikki Haley will face off in New Hampshire's primary on Tuesday, a historically decisive state for winning the Republican nomination. In the scenario of a rematch between Trump and sitting President Joe Biden, Wall Street is speculating how markets may react to the matchup. Raymond James Managing Director Ed Mills sits down with Yahoo Finance to discuss how markets could be expected to react and which financial policies from either candidate viewers will be focusing on. "When we hook look at the policies post-election, the first thing we're going to have to encounter is the debt limit — we had major market volatility when we were dealing with that back in 2022," Mills explains. "We will also be looking at the expiration of the tax cuts that President Trump did in 2017 in December of next year. The winner of this election is going to dictate that debate." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
Former President Donald Trump and former South Carolina Governor Nikki Haley will face off in New Hampshire's primary on Tuesday, a historically decisive state for winning the Republican nomination. In the scenario of a rematch between Trump and sitting President Joe Biden, Wall Street is speculating how markets may react to the matchup.
Raymond James Managing Director Ed Mills sits down with Yahoo Finance to discuss how markets could be expected to react and which financial policies from either candidate viewers will be focusing on.
"When we hook look at the policies post-election, the first thing we're going to have to encounter is the debt limit — we had major market volatility when we were dealing with that back in 2022," Mills explains. "We will also be looking at the expiration of the tax cuts that President Trump did in 2017 in December of next year. The winner of this election is going to dictate that debate."
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.