Australian Politics Forum - Goldman Sachs on Kamala vs trump

Sprintcyclist

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Goldman Sachs on Kamala vs trump - economy
Sep 5^th, 2024 at 1:36pm

I have read financial reports for over 40 years.
I like the 'dry' cautious approach, they are on the side of the economy.
They do not care who wins. This is their professional opinion.
Note for Kamala - ' .. The boost would narrowly outweigh any negative impact ......... '
Cautious prediction.

For trump, the same measured tone ' .. the hit to growth from tariffs and tighter immigration policy would outweigh the positive fiscal impulse,” .

By the way, tariffs are a bad thing. Quite regressive.

Quote:

............ A report from the investment bank suggests Harris’ plan to assist middle class Americans and small business would increase consumer spending and create tens of thousands of jobs every month.

The boost would narrowly outweigh any negative impact of possible higher taxes Democrats might implement for the wealthy and big business, especially if they control Congress and block extending Trump’s giant 2017 tax cut. ............

............ “We estimate that if Trump wins in a sweep or with divided government, the hit to growth from tariffs and tighter immigration policy would outweigh the positive fiscal impulse,” Goldman analysts wrote. ......................

https://uk.finance.yahoo.com/news/goldman-sachs-says-kamala-harris-194000786.htm...

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aquascoot

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Re: Goldman Sachs on Kamala vs trump - economy
Reply #1 - Sep 5^th, 2024 at 1:43pm

And the firm has a long alliance with Democrat Hillary Clinton dating back to her Senate days. Goldman Sachs gave $169,850 to Clinton’s presidential campaign and super PAC, according to CRP’s analysis. The bank doled out $675,000 in speaking fees to Clinton after she left office.

The company’s relationships with presidential candidates have brought it under fire from both sides on the campaign trail. Bernie Sanders in Sunday’s debate dinged Clinton for her speaking fees, and his campaign kept up the line of attack in fundraising appeals, blasting out an email to supporters on Tuesday noting that a super PAC backing Clinton had recently placed a six-figure ad buy in Iowa. That group, Priorities USA, announced the buy after a Karl Rove-backed Republican commercial in Iowa slammed Clinton’s coziness with the financial sector. Sanders campaign manager Jeff Weaver made sure to mention that the super PAC is “predictably funded by a number of millionaires and billionaires, including a former Goldman Sachs executive.”

picture of the goldman sachs CEO with hilary in 2014 Roll Eyes

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Karnal

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Re: Goldman Sachs on Kamala vs trump - economy
Reply #2 - Sep 5^th, 2024 at 6:46pm

aquascoot wrote on Sep 5^th, 2024 at 1:43pm:

And the firm has a long alliance with Democrat Hillary Clinton dating back to her Senate days. Goldman Sachs gave $169,850 to Clinton’s presidential campaign and super PAC, according to CRP’s analysis. The bank doled out $675,000 in speaking fees to Clinton after she left office.

The company’s relationships with presidential candidates have brought it under fire from both sides on the campaign trail. Bernie Sanders in Sunday’s debate dinged Clinton for her speaking fees, and his campaign kept up the line of attack in fundraising appeals, blasting out an email to supporters on Tuesday noting that a super PAC backing Clinton had recently placed a six-figure ad buy in Iowa. That group, Priorities USA, announced the buy after a Karl Rove-backed Republican commercial in Iowa slammed Clinton’s coziness with the financial sector. Sanders campaign manager Jeff Weaver made sure to mention that the super PAC is “predictably funded by a number of millionaires and billionaires, including a former Goldman Sachs executive.”

picture of the goldman sachs CEO with hilary in 2014 Roll Eyes

Is that all? Your former DL gave her more than that.

It's a good thing you switched to the "Noble Ron", eh? Imagine what a hypocrite you'd be to condemn Hillary's donors, but secretly hope they win.

Despicable stuff.

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