Kamala Harris' Shift in Campaign Strategy and Its Impact on ETFs and Stocks

Reported 2 months ago

Kamala Harris, during her 2024 presidential campaign, has shifted her strategy from supporting a government-run healthcare system to strengthening the Affordable Care Act, which is likely to benefit stocks like Oscar Health and HCA Holdings. Additionally, her moderated stance on fracking aligns with Biden’s approach, potentially favoring energy ETFs while the Powell-led Federal Reserve's expected rate cuts could benefit rate-sensitive ETFs like the iShares U.S. Home Construction ETF.

Source: YAHOO

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