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7min chapter
Biden Drops Out, Harris Gains Support
Bloomberg Intelligence
Market Dynamics and Political Landscape Shifts
Exploring how recent market shifts following changes in the Democratic Party's ticket are influenced not just by political factors but also by interest rates, earnings, and individual company performances, emphasizing that core market movements are based on fundamentals. The conversation also delves into the Republican Party's new focus on tariffs, workers, and defense, noting the limited room for economic policy maneuvering for the future White House occupant, with concerns about deficit implications on markets.
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