Billionaire Hedge Fund Manager Says He Would Pull His Money from the Market If Harris Wins Election

Fox Business09-18

Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the ...

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Icywinddale
09-18
Icywinddale
Another liar.
TeslaBoy
09-18
TeslaBoy
Who cares? Is he bringing his money with him to heaven ?😄
Option watch
09-18
Option watch
What do you think?

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBillionaire Hedge Fund Manager Says He Would Pull His Money from the Market If Harris Wins Election\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-18 14:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.foxbusiness.com/politics/billionaire-hedge-fund-manager-says-he-would-pull-his-money-from-market-harris-wins-election><strong>Fox Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the ...</p>\n\n<a href=\"https://www.foxbusiness.com/politics/billionaire-hedge-fund-manager-says-he-would-pull-his-money-from-market-harris-wins-election\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://www.foxbusiness.com/politics/billionaire-hedge-fund-manager-says-he-would-pull-his-money-from-market-harris-wins-election","article_id":"1191591104","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1191591104","pubTimestamp":1726641553,"sourceInfo":{"source_id":"lsy1602566126337","name":"FOX Business"},"weMediaInfo":null,"summary":"Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the Democ","collect":0,"end_time":0,"defaultTopTitle":"foxbusiness.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"translate_title":"亿万富翁对冲基金经理表示，如果哈里斯赢得选举，他将从市场撤出资金","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":1.1,".IXIC":1.1,".SPX":1.1},"content_text":"Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the Democrat nominee's economic policies would spook investors.The Paulson & Co. founder, known for his lucrative bet against the subprime mortgage in 2007, appeared on FOX Business' \"The Claman Countdown,\" where host Liz Claman asked him what he sees as the next big bet similar to that.Hedge fund manager John Paulson (Spencer Platt/Getty Images)\"Well, I would say it very much depends on who's in the White House and who controls Congress,\" Paulson replied. \"I'd be very concerned if Harris is elected and pursues the tax plans and other economic plans that she articulated.\"Paulson said during the interview that former President Trump and Harris' plans for the economy are very different, noting that Trump wants to extend the 2017 tax cuts implemented during his term in office while Harris wants to let them expire.He also noted that Harris has proposed raising the corporate tax rate from 21% to 28% and wants to raise the capital gains rate from 20% to 28%.Republican presidential nominee former President Trump arrives for a campaign event at the Central Wisconsin Airport on Sept. 7, 2024, in Mosinee, Wisconsin. (Scott Olson/Getty Images)The billionaire pointed to Harris' proposed 25% tax on unrealized gains for individuals making $100 million or more, and he predicted that, if implemented, it \"would cause mass selling of almost everything – stocks, bonds, homes, art – I think it would result in a crash in the markets and an immediate, pretty quick recession.\"Claman went on to note that some people who were concerned about the policies of previous presidents, namely Barack Obama, Trump and Joe Biden, pulled their money out of the markets when they were elected, and the move turned out to be a big mistake as the markets continued to perform well.But Paulson has said that market timing and investor timing will really matter depending on who is president, and Claman asked him if he is ready to take that chance.Democrat presidential nominee Vice President Harris speaks during a campaign event on Sept. 2, 2024, in Pittsburgh. (Michael M. Santiago/Getty Images)\"It depends on the policy,\" Paulson said. \"I think if Harris was elected, I would pull my money from the market. I'd go into cash, and I'd go into gold because I think the uncertainty regarding the plans they outlined would create a lot of uncertainty in the markets and likely lower markets.\"When pressed by Claman, Paulson reiterated that he would sell the liquid equities that he owns if Harris wins the White House.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":350719366373720,"gmtCreate":1726650395890,"gmtModify":1726650399532,"author":{"id":"3574807189087941","authorId":"3574807189087941","authorIdStr":"3574807189087941","name":"Icywinddale","avatar":"https://static.itradeup.com/news/3bd2fbf9d90e26b2f600b2c5d7c54244","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574807189087941"},"htmlText":"Another liar.","listText":"Another liar.","text":"Another liar.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350719366373720","repostId":1191591104,"repostType":4,"repost":{"id":"1191591104","pubTimestamp":1726641553,"share":"https://ttm.financial/m/news/1191591104?lang=&edition=fundamental","pubTime":"2024-09-18 14:39","market":"us","language":"en","title":"Billionaire Hedge Fund Manager Says He Would Pull His Money from the Market If Harris Wins Election","url":"https://stock-news.laohu8.com/highlight/detail?id=1191591104","media":"Fox Business","summary":"Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the Democ","content":"<html><head></head><body><p>Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the Democrat nominee&#39;s economic policies would spook investors.</p><p>The Paulson &amp; Co. founder, known for his lucrative bet against the subprime mortgage in 2007, appeared on FOX Business&#39; &#34;The Claman Countdown,&#34; where host Liz Claman asked him what he sees as the next big bet similar to that.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/26217d693544662a8757fbe76f185dba\" alt=\"Hedge fund manager John Paulson (Spencer Platt/Getty Images)\" title=\"Hedge fund manager John Paulson (Spencer Platt/Getty Images)\" tg-width=\"931\" tg-height=\"523\"/><span>Hedge fund manager John Paulson (Spencer Platt/Getty Images)</span></p><p>&#34;Well, I would say it very much depends on who&#39;s in the White House and who controls Congress,&#34; Paulson replied. &#34;I&#39;d be very concerned if Harris is elected and pursues the tax plans and other economic plans that she articulated.&#34;</p><p>Paulson said during the interview that former President Trump and Harris&#39; plans for the economy are very different, noting that Trump wants to extend the 2017 tax cuts implemented during his term in office while Harris wants to let them expire.</p><p>He also noted that Harris has proposed raising the corporate tax rate from 21% to 28% and wants to raise the capital gains rate from 20% to 28%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a723aa42a1f9edac3d9c30a6f56c2a60\" alt=\"Republican presidential nominee former President Trump arrives for a campaign event at the Central Wisconsin Airport on Sept. 7, 2024, in Mosinee, Wisconsin. (Scott Olson/Getty Images)\" title=\"Republican presidential nominee former President Trump arrives for a campaign event at the Central Wisconsin Airport on Sept. 7, 2024, in Mosinee, Wisconsin. (Scott Olson/Getty Images)\" tg-width=\"931\" tg-height=\"523\"/><span>Republican presidential nominee former President Trump arrives for a campaign event at the Central Wisconsin Airport on Sept. 7, 2024, in Mosinee, Wisconsin. (Scott Olson/Getty Images)</span></p><p>The billionaire pointed to Harris&#39; proposed 25% tax on unrealized gains for individuals making $100 million or more, and he predicted that, if implemented, it &#34;would cause mass selling of almost everything – stocks, bonds, homes, art – I think it would result in a crash in the markets and an immediate, pretty quick recession.&#34;</p><p>Claman went on to note that some people who were concerned about the policies of previous presidents, namely Barack Obama, Trump and Joe Biden, pulled their money out of the markets when they were elected, and the move turned out to be a big mistake as the markets continued to perform well.</p><p>But Paulson has said that market timing and investor timing will really matter depending on who is president, and Claman asked him if he is ready to take that chance.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/218fff4868171aaa606369d587ac33b6\" alt=\"Democrat presidential nominee Vice President Harris speaks during a campaign event on Sept. 2, 2024, in Pittsburgh. (Michael M. Santiago/Getty Images)\" title=\"Democrat presidential nominee Vice President Harris speaks during a campaign event on Sept. 2, 2024, in Pittsburgh. (Michael M. Santiago/Getty Images)\" tg-width=\"931\" tg-height=\"523\"/><span>Democrat presidential nominee Vice President Harris speaks during a campaign event on Sept. 2, 2024, in Pittsburgh. (Michael M. Santiago/Getty Images)</span></p><p>&#34;It depends on the policy,&#34; Paulson said. &#34;I think if Harris was elected, I would pull my money from the market. I&#39;d go into cash, and I&#39;d go into gold because I think the uncertainty regarding the plans they outlined would create a lot of uncertainty in the markets and likely lower markets.&#34;</p><p>When pressed by Claman, Paulson reiterated that he would sell the liquid equities that he owns if Harris wins the White House.</p></body></html>","source":"lsy1602566126337","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Billionaire Hedge Fund Manager Says He Would Pull His Money from the Market If Harris Wins Election</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBillionaire Hedge Fund Manager Says He Would Pull His Money from the Market If Harris Wins Election\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-18 14:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.foxbusiness.com/politics/billionaire-hedge-fund-manager-says-he-would-pull-his-money-from-market-harris-wins-election><strong>Fox Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the ...</p>\n\n<a href=\"https://www.foxbusiness.com/politics/billionaire-hedge-fund-manager-says-he-would-pull-his-money-from-market-harris-wins-election\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.foxbusiness.com/politics/billionaire-hedge-fund-manager-says-he-would-pull-his-money-from-market-harris-wins-election","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191591104","content_text":"Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the Democrat nominee's economic policies would spook investors.The Paulson & Co. founder, known for his lucrative bet against the subprime mortgage in 2007, appeared on FOX Business' \"The Claman Countdown,\" where host Liz Claman asked him what he sees as the next big bet similar to that.Hedge fund manager John Paulson (Spencer Platt/Getty Images)\"Well, I would say it very much depends on who's in the White House and who controls Congress,\" Paulson replied. \"I'd be very concerned if Harris is elected and pursues the tax plans and other economic plans that she articulated.\"Paulson said during the interview that former President Trump and Harris' plans for the economy are very different, noting that Trump wants to extend the 2017 tax cuts implemented during his term in office while Harris wants to let them expire.He also noted that Harris has proposed raising the corporate tax rate from 21% to 28% and wants to raise the capital gains rate from 20% to 28%.Republican presidential nominee former President Trump arrives for a campaign event at the Central Wisconsin Airport on Sept. 7, 2024, in Mosinee, Wisconsin. (Scott Olson/Getty Images)The billionaire pointed to Harris' proposed 25% tax on unrealized gains for individuals making $100 million or more, and he predicted that, if implemented, it \"would cause mass selling of almost everything – stocks, bonds, homes, art – I think it would result in a crash in the markets and an immediate, pretty quick recession.\"Claman went on to note that some people who were concerned about the policies of previous presidents, namely Barack Obama, Trump and Joe Biden, pulled their money out of the markets when they were elected, and the move turned out to be a big mistake as the markets continued to perform well.But Paulson has said that market timing and investor timing will really matter depending on who is president, and Claman asked him if he is ready to take that chance.Democrat presidential nominee Vice President Harris speaks during a campaign event on Sept. 2, 2024, in Pittsburgh. (Michael M. Santiago/Getty Images)\"It depends on the policy,\" Paulson said. \"I think if Harris was elected, I would pull my money from the market. I'd go into cash, and I'd go into gold because I think the uncertainty regarding the plans they outlined would create a lot of uncertainty in the markets and likely lower markets.\"When pressed by Claman, Paulson reiterated that he would sell the liquid equities that he owns if Harris wins the White House.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":350779786858656,"gmtCreate":1726644654764,"gmtModify":1726646218024,"author":{"id":"4088928099406900","authorId":"4088928099406900","authorIdStr":"4088928099406900","name":"TeslaBoy","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4088928099406900"},"htmlText":"Who cares? Is he bringing his money with him&nbsp;to heaven ?😄","listText":"Who cares? Is he bringing his money with him&nbsp;to heaven ?😄","text":"Who cares? Is he bringing his money with him to heaven ?😄","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350779786858656","repostId":1191591104,"repostType":2,"repost":{"id":"1191591104","pubTimestamp":1726641553,"share":"https://ttm.financial/m/news/1191591104?lang=&edition=fundamental","pubTime":"2024-09-18 14:39","market":"us","language":"en","title":"Billionaire Hedge Fund Manager Says He Would Pull His Money from the Market If Harris Wins Election","url":"https://stock-news.laohu8.com/highlight/detail?id=1191591104","media":"Fox Business","summary":"Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the Democ","content":"<html><head></head><body><p>Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the Democrat nominee&#39;s economic policies would spook investors.</p><p>The Paulson &amp; Co. founder, known for his lucrative bet against the subprime mortgage in 2007, appeared on FOX Business&#39; &#34;The Claman Countdown,&#34; where host Liz Claman asked him what he sees as the next big bet similar to that.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/26217d693544662a8757fbe76f185dba\" alt=\"Hedge fund manager John Paulson (Spencer Platt/Getty Images)\" title=\"Hedge fund manager John Paulson (Spencer Platt/Getty Images)\" tg-width=\"931\" tg-height=\"523\"/><span>Hedge fund manager John Paulson (Spencer Platt/Getty Images)</span></p><p>&#34;Well, I would say it very much depends on who&#39;s in the White House and who controls Congress,&#34; Paulson replied. &#34;I&#39;d be very concerned if Harris is elected and pursues the tax plans and other economic plans that she articulated.&#34;</p><p>Paulson said during the interview that former President Trump and Harris&#39; plans for the economy are very different, noting that Trump wants to extend the 2017 tax cuts implemented during his term in office while Harris wants to let them expire.</p><p>He also noted that Harris has proposed raising the corporate tax rate from 21% to 28% and wants to raise the capital gains rate from 20% to 28%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a723aa42a1f9edac3d9c30a6f56c2a60\" alt=\"Republican presidential nominee former President Trump arrives for a campaign event at the Central Wisconsin Airport on Sept. 7, 2024, in Mosinee, Wisconsin. (Scott Olson/Getty Images)\" title=\"Republican presidential nominee former President Trump arrives for a campaign event at the Central Wisconsin Airport on Sept. 7, 2024, in Mosinee, Wisconsin. (Scott Olson/Getty Images)\" tg-width=\"931\" tg-height=\"523\"/><span>Republican presidential nominee former President Trump arrives for a campaign event at the Central Wisconsin Airport on Sept. 7, 2024, in Mosinee, Wisconsin. (Scott Olson/Getty Images)</span></p><p>The billionaire pointed to Harris&#39; proposed 25% tax on unrealized gains for individuals making $100 million or more, and he predicted that, if implemented, it &#34;would cause mass selling of almost everything – stocks, bonds, homes, art – I think it would result in a crash in the markets and an immediate, pretty quick recession.&#34;</p><p>Claman went on to note that some people who were concerned about the policies of previous presidents, namely Barack Obama, Trump and Joe Biden, pulled their money out of the markets when they were elected, and the move turned out to be a big mistake as the markets continued to perform well.</p><p>But Paulson has said that market timing and investor timing will really matter depending on who is president, and Claman asked him if he is ready to take that chance.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/218fff4868171aaa606369d587ac33b6\" alt=\"Democrat presidential nominee Vice President Harris speaks during a campaign event on Sept. 2, 2024, in Pittsburgh. (Michael M. Santiago/Getty Images)\" title=\"Democrat presidential nominee Vice President Harris speaks during a campaign event on Sept. 2, 2024, in Pittsburgh. (Michael M. Santiago/Getty Images)\" tg-width=\"931\" tg-height=\"523\"/><span>Democrat presidential nominee Vice President Harris speaks during a campaign event on Sept. 2, 2024, in Pittsburgh. (Michael M. Santiago/Getty Images)</span></p><p>&#34;It depends on the policy,&#34; Paulson said. &#34;I think if Harris was elected, I would pull my money from the market. I&#39;d go into cash, and I&#39;d go into gold because I think the uncertainty regarding the plans they outlined would create a lot of uncertainty in the markets and likely lower markets.&#34;</p><p>When pressed by Claman, Paulson reiterated that he would sell the liquid equities that he owns if Harris wins the White House.</p></body></html>","source":"lsy1602566126337","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Billionaire Hedge Fund Manager Says He Would Pull His Money from the Market If Harris Wins Election</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBillionaire Hedge Fund Manager Says He Would Pull His Money from the Market If Harris Wins Election\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-18 14:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.foxbusiness.com/politics/billionaire-hedge-fund-manager-says-he-would-pull-his-money-from-market-harris-wins-election><strong>Fox Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the ...</p>\n\n<a href=\"https://www.foxbusiness.com/politics/billionaire-hedge-fund-manager-says-he-would-pull-his-money-from-market-harris-wins-election\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.foxbusiness.com/politics/billionaire-hedge-fund-manager-says-he-would-pull-his-money-from-market-harris-wins-election","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191591104","content_text":"Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the Democrat nominee's economic policies would spook investors.The Paulson & Co. founder, known for his lucrative bet against the subprime mortgage in 2007, appeared on FOX Business' \"The Claman Countdown,\" where host Liz Claman asked him what he sees as the next big bet similar to that.Hedge fund manager John Paulson (Spencer Platt/Getty Images)\"Well, I would say it very much depends on who's in the White House and who controls Congress,\" Paulson replied. \"I'd be very concerned if Harris is elected and pursues the tax plans and other economic plans that she articulated.\"Paulson said during the interview that former President Trump and Harris' plans for the economy are very different, noting that Trump wants to extend the 2017 tax cuts implemented during his term in office while Harris wants to let them expire.He also noted that Harris has proposed raising the corporate tax rate from 21% to 28% and wants to raise the capital gains rate from 20% to 28%.Republican presidential nominee former President Trump arrives for a campaign event at the Central Wisconsin Airport on Sept. 7, 2024, in Mosinee, Wisconsin. (Scott Olson/Getty Images)The billionaire pointed to Harris' proposed 25% tax on unrealized gains for individuals making $100 million or more, and he predicted that, if implemented, it \"would cause mass selling of almost everything – stocks, bonds, homes, art – I think it would result in a crash in the markets and an immediate, pretty quick recession.\"Claman went on to note that some people who were concerned about the policies of previous presidents, namely Barack Obama, Trump and Joe Biden, pulled their money out of the markets when they were elected, and the move turned out to be a big mistake as the markets continued to perform well.But Paulson has said that market timing and investor timing will really matter depending on who is president, and Claman asked him if he is ready to take that chance.Democrat presidential nominee Vice President Harris speaks during a campaign event on Sept. 2, 2024, in Pittsburgh. (Michael M. Santiago/Getty Images)\"It depends on the policy,\" Paulson said. \"I think if Harris was elected, I would pull my money from the market. I'd go into cash, and I'd go into gold because I think the uncertainty regarding the plans they outlined would create a lot of uncertainty in the markets and likely lower markets.\"When pressed by Claman, Paulson reiterated that he would sell the liquid equities that he owns if Harris wins the White House.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":350776164733080,"gmtCreate":1726643906206,"gmtModify":1726643945582,"author":{"id":"4160259331167822","authorId":"4160259331167822","authorIdStr":"4160259331167822","name":"Option watch","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4160259331167822"},"htmlText":"What do you think?","listText":"What do you think?","text":"What do you think?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350776164733080","repostId":1191591104,"repostType":4,"repost":{"id":"1191591104","pubTimestamp":1726641553,"share":"https://ttm.financial/m/news/1191591104?lang=&edition=fundamental","pubTime":"2024-09-18 14:39","market":"us","language":"en","title":"Billionaire Hedge Fund Manager Says He Would Pull His Money from the Market If Harris Wins Election","url":"https://stock-news.laohu8.com/highlight/detail?id=1191591104","media":"Fox Business","summary":"Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the Democ","content":"<html><head></head><body><p>Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the Democrat nominee&#39;s economic policies would spook investors.</p><p>The Paulson &amp; Co. founder, known for his lucrative bet against the subprime mortgage in 2007, appeared on FOX Business&#39; &#34;The Claman Countdown,&#34; where host Liz Claman asked him what he sees as the next big bet similar to that.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/26217d693544662a8757fbe76f185dba\" alt=\"Hedge fund manager John Paulson (Spencer Platt/Getty Images)\" title=\"Hedge fund manager John Paulson (Spencer Platt/Getty Images)\" tg-width=\"931\" tg-height=\"523\"/><span>Hedge fund manager John Paulson (Spencer Platt/Getty Images)</span></p><p>&#34;Well, I would say it very much depends on who&#39;s in the White House and who controls Congress,&#34; Paulson replied. &#34;I&#39;d be very concerned if Harris is elected and pursues the tax plans and other economic plans that she articulated.&#34;</p><p>Paulson said during the interview that former President Trump and Harris&#39; plans for the economy are very different, noting that Trump wants to extend the 2017 tax cuts implemented during his term in office while Harris wants to let them expire.</p><p>He also noted that Harris has proposed raising the corporate tax rate from 21% to 28% and wants to raise the capital gains rate from 20% to 28%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a723aa42a1f9edac3d9c30a6f56c2a60\" alt=\"Republican presidential nominee former President Trump arrives for a campaign event at the Central Wisconsin Airport on Sept. 7, 2024, in Mosinee, Wisconsin. (Scott Olson/Getty Images)\" title=\"Republican presidential nominee former President Trump arrives for a campaign event at the Central Wisconsin Airport on Sept. 7, 2024, in Mosinee, Wisconsin. (Scott Olson/Getty Images)\" tg-width=\"931\" tg-height=\"523\"/><span>Republican presidential nominee former President Trump arrives for a campaign event at the Central Wisconsin Airport on Sept. 7, 2024, in Mosinee, Wisconsin. (Scott Olson/Getty Images)</span></p><p>The billionaire pointed to Harris&#39; proposed 25% tax on unrealized gains for individuals making $100 million or more, and he predicted that, if implemented, it &#34;would cause mass selling of almost everything – stocks, bonds, homes, art – I think it would result in a crash in the markets and an immediate, pretty quick recession.&#34;</p><p>Claman went on to note that some people who were concerned about the policies of previous presidents, namely Barack Obama, Trump and Joe Biden, pulled their money out of the markets when they were elected, and the move turned out to be a big mistake as the markets continued to perform well.</p><p>But Paulson has said that market timing and investor timing will really matter depending on who is president, and Claman asked him if he is ready to take that chance.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/218fff4868171aaa606369d587ac33b6\" alt=\"Democrat presidential nominee Vice President Harris speaks during a campaign event on Sept. 2, 2024, in Pittsburgh. (Michael M. Santiago/Getty Images)\" title=\"Democrat presidential nominee Vice President Harris speaks during a campaign event on Sept. 2, 2024, in Pittsburgh. (Michael M. Santiago/Getty Images)\" tg-width=\"931\" tg-height=\"523\"/><span>Democrat presidential nominee Vice President Harris speaks during a campaign event on Sept. 2, 2024, in Pittsburgh. (Michael M. Santiago/Getty Images)</span></p><p>&#34;It depends on the policy,&#34; Paulson said. &#34;I think if Harris was elected, I would pull my money from the market. I&#39;d go into cash, and I&#39;d go into gold because I think the uncertainty regarding the plans they outlined would create a lot of uncertainty in the markets and likely lower markets.&#34;</p><p>When pressed by Claman, Paulson reiterated that he would sell the liquid equities that he owns if Harris wins the White House.</p></body></html>","source":"lsy1602566126337","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Billionaire Hedge Fund Manager Says He Would Pull His Money from the Market If Harris Wins Election</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBillionaire Hedge Fund Manager Says He Would Pull His Money from the Market If Harris Wins Election\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-18 14:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.foxbusiness.com/politics/billionaire-hedge-fund-manager-says-he-would-pull-his-money-from-market-harris-wins-election><strong>Fox Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the ...</p>\n\n<a href=\"https://www.foxbusiness.com/politics/billionaire-hedge-fund-manager-says-he-would-pull-his-money-from-market-harris-wins-election\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.foxbusiness.com/politics/billionaire-hedge-fund-manager-says-he-would-pull-his-money-from-market-harris-wins-election","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191591104","content_text":"Hedge fund billionaire and major Trump fundraiser John Paulson said Tuesday he will pull his money out of the market if Vice President Harris wins the presidential election this fall, saying the Democrat nominee's economic policies would spook investors.The Paulson & Co. founder, known for his lucrative bet against the subprime mortgage in 2007, appeared on FOX Business' \"The Claman Countdown,\" where host Liz Claman asked him what he sees as the next big bet similar to that.Hedge fund manager John Paulson (Spencer Platt/Getty Images)\"Well, I would say it very much depends on who's in the White House and who controls Congress,\" Paulson replied. \"I'd be very concerned if Harris is elected and pursues the tax plans and other economic plans that she articulated.\"Paulson said during the interview that former President Trump and Harris' plans for the economy are very different, noting that Trump wants to extend the 2017 tax cuts implemented during his term in office while Harris wants to let them expire.He also noted that Harris has proposed raising the corporate tax rate from 21% to 28% and wants to raise the capital gains rate from 20% to 28%.Republican presidential nominee former President Trump arrives for a campaign event at the Central Wisconsin Airport on Sept. 7, 2024, in Mosinee, Wisconsin. (Scott Olson/Getty Images)The billionaire pointed to Harris' proposed 25% tax on unrealized gains for individuals making $100 million or more, and he predicted that, if implemented, it \"would cause mass selling of almost everything – stocks, bonds, homes, art – I think it would result in a crash in the markets and an immediate, pretty quick recession.\"Claman went on to note that some people who were concerned about the policies of previous presidents, namely Barack Obama, Trump and Joe Biden, pulled their money out of the markets when they were elected, and the move turned out to be a big mistake as the markets continued to perform well.But Paulson has said that market timing and investor timing will really matter depending on who is president, and Claman asked him if he is ready to take that chance.Democrat presidential nominee Vice President Harris speaks during a campaign event on Sept. 2, 2024, in Pittsburgh. (Michael M. Santiago/Getty Images)\"It depends on the policy,\" Paulson said. \"I think if Harris was elected, I would pull my money from the market. I'd go into cash, and I'd go into gold because I think the uncertainty regarding the plans they outlined would create a lot of uncertainty in the markets and likely lower markets.\"When pressed by Claman, Paulson reiterated that he would sell the liquid equities that he owns if Harris wins the White House.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":5,"commentSize":3,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.3","shortVersion":"4.28.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1191591104"}