2024 Presidential Election: Economic Outcomes with Donald Trump and Kamala Harris

Wednesday, 4 September 2024, 07:54

2024 election impacts are central to economic forecasts as Goldman Sachs evaluates how banking will be affected by a Trump or Harris presidency. Economic growth forecasts suggest a potential GDP decline if Donald Trump secures victory, while a Democratic sweep led by Kamala Harris could offer a robust boost. Understanding these outcomes is vital as the November election approaches.
Eastbaytimes
2024 Presidential Election: Economic Outcomes with Donald Trump and Kamala Harris

2024 Election and Its Economic Implications

As the 2024 presidential election approaches, economic analysts from Goldman Sachs have conducted a thorough assessment of how the election outcome may impact the economy, particularly in reference to banking dynamics.

The Case for Donald Trump

  • If Donald Trump wins, economists warn that the US GDP could face a substantial decline.
  • Factors include increased market uncertainty and potential regulatory rollbacks.

The Case for Kamala Harris and the Democrats

  • A Democratic victory, especially with Kamala Harris at the helm, is predicted to bolster the economy.
  • Efforts may focus on stability within banking sectors and a push for infrastructure investment.

Both scenarios highlight the importance of 2024 election dynamics on economic projections.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe