🚨 "Wall Street Short God" issues a warning: If Harris is elected, I will withdraw my investment!
John Alfred Paulson, a Wall Street legend and billionaire, recently issued a heavy warning! He said that if Vice President Harris wins this year's election, he will withdraw his investment from the market.
The hedge fund tycoon, who once became famous for his successful short selling during the 2008 subprime mortgage crisis, expressed concerns about Harris' economic policies.
Paulson, the financial tycoon who founded Paulson & Co., is known as the "Wall Street Short God" for his outstanding performance during the financial crisis. He is not only Trump's financial backer, but there are rumors that Paulson may become Treasury Secretary if Trump is re-elected.
In a recent interview, Paulson talked about his outlook for the future of the market. He said that the next big bet depends largely on who will enter the White House and control Congress. He specifically mentioned that he would be very worried if Harris implemented her proposed tax and economic plans.
Paulson explained his concerns in detail: Harris proposed raising corporate tax rates, increasing capital gains tax rates, and even imposing a 25% unrealized capital gains tax on high earners. He predicted that these policies, if implemented, could lead to a market crash and recession.
Paulson added that if Harris is elected, he plans to divest and switch to cash and gold to avoid market uncertainty and potential downside risks caused by his policies, and he will also sell his own stocks.
This is not the first time Paulson has issued such a warning. Last week, he said that Harris's tax plan could cause a financial market crash.
🗣 Conclusion:
Paulson's remarks reveal investors' high sensitivity to policy uncertainty. This is not only a test of market stability, but also a challenge for policymakers.
Therefore, when formulating economic policies, those in power must consider the delicate balance of policy decisions and how these policies can have far-reaching chain reactions in global financial markets.
💬 What do you think of Paulson's warning of possible divestment? Do you think Harris' economic policies will really lead to a market crash?Share your thoughts in the comments!