Economic historian Tuz: Biden's re-election could have a greater impact on the market than Trump's return

robot
Abstract generation in progress

On June 26, Jinshi Data News, economic historian Adam Tooze said that the severe partisan divide in the United States may inject uncertainty into the market if Biden succeeds in re-election. That's because if he defeats Trump again, it may provoke a more fierce attack from the Republicans. "The more dangerous scenario from a political perspective is Biden's victory," Tooze, a professor at Columbia University, said at the Summer Davos Forum on Tuesday. Tooze pointed out that the uncertainty of Biden's re-election comes from how the Republican Party, controlled by Trump, will react to the former president's defeat again. He also said that the market may see this as a result of lower stability.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
JaydaWealthCatvip
· 2024-06-25 19:11
It feels terrible to step on air 😂
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)