
RE: erwartete Reaktion nach US Wahlausgang und mögliche Umsetzung in eine Strategie ?
| 20.10.2020, 19:18
'Shark Tank' star Kevin O'Leary: Joe Biden will be a 'benign' president who won't hurry to hike taxes
Business mogul and “Shark Tank” star Kevin O’Leary doesn’t mince words on what a Joe Biden presidency would look like, should it happen come Election Day.
“He will be a very benign president,” O’Leary opined on Yahoo Finance’s The First Trade. O’Leary explains a president Biden would inherit a U.S. economy struggling with high levels of unemployment because of the COVID-19 pandemic.
Hence, O’Leary believes the former vice president will be forced to move quickly to enact a $2 trillion stimulus plan that boosts economic growth. Biden’s proposed tax increases for corporations and those making more than $400,000 a year would be pushed off, O’Leary reckons.
O’Leary adds, “I think if Biden wins, nothing happens. His hands will be tied and by the time he finishes the next 24 months, he will be halfway through his mandate [to create jobs] and I think think there will be a second one. I don’t dislike him. I don’t care — I am trying to figure out as an investor what the likely outcomes are.” O’Leary says he has enjoyed very favorable business conditions the last four years as the Trump administration cut corporate taxes and reduced costly regulations.........
https://news.yahoo.com/shark-tank-star-k...11711.html
Business mogul and “Shark Tank” star Kevin O’Leary doesn’t mince words on what a Joe Biden presidency would look like, should it happen come Election Day.
“He will be a very benign president,” O’Leary opined on Yahoo Finance’s The First Trade. O’Leary explains a president Biden would inherit a U.S. economy struggling with high levels of unemployment because of the COVID-19 pandemic.
Hence, O’Leary believes the former vice president will be forced to move quickly to enact a $2 trillion stimulus plan that boosts economic growth. Biden’s proposed tax increases for corporations and those making more than $400,000 a year would be pushed off, O’Leary reckons.
O’Leary adds, “I think if Biden wins, nothing happens. His hands will be tied and by the time he finishes the next 24 months, he will be halfway through his mandate [to create jobs] and I think think there will be a second one. I don’t dislike him. I don’t care — I am trying to figure out as an investor what the likely outcomes are.” O’Leary says he has enjoyed very favorable business conditions the last four years as the Trump administration cut corporate taxes and reduced costly regulations.........
https://news.yahoo.com/shark-tank-star-k...11711.html
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