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Here's How a President Kamala Harris Could Act on Key Economic Issues

2022-07-08

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Shinzo Abe, Japan’s Longest-Serving Prime Minister, Dies at 67

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Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1721632617,"share":"https://ttm.financial/m/news/2453277286?lang=&edition=fundamental","pubTime":"2024-07-22 15:16","market":"hk","language":"en","title":"Here's How a President Kamala Harris Could Act on Key Economic Issues","url":"https://stock-news.laohu8.com/highlight/detail?id=2453277286","media":"Dow Jones","summary":"This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","content":"<html><head></head><body><p>President Joe Biden withdrew from the 2024 presidential race Sunday, and immediately threw his support behind Vice President Kamala Harris.</p><p style=\"text-align: start;\">Investors should expect a potential Harris administration to defend the economic policies that Biden instituted during his term, including the Inflation Reduction Act’s subsidies for electric cars and green-energy projects, increased IRS funding to pursue wealthy tax evaders, excise taxes on stock buybacks, and a 15% corporate minimum tax for large corporations.</p><p>“A Harris presidency would be, for all intents and purposes, a continuation of the Biden administration,” Isaac Boltansky, director of policy research at BTIG, told MarketWatch.</p><p>“From a Democratic perspective, I think that’s a feature, not a bug,” he said, adding that concerns over a Biden-led ticket were “not because of his policies but because of his health and capacity.”</p><p>Even in the event of a Harris victory over Donald Trump in November, analysts say that it’s likely Republicans will take back the Senate, limiting Harris’ ability to sign partisan legislation.</p><p style=\"text-align: start;\">She would immediately be faced with the need to negotiate over the extension of the 2017 tax cuts, which temporarily lowered individual income-tax rates and increased the child tax credit.</p><p style=\"text-align: start;\">Biden has promised to extend those cuts for families making less than $400,000 per year, and analysts say Harris will likely adopt the same position.</p><p style=\"text-align: start;\">A scenario where there’s a Democrat in the White House while Republicans control at least one chamber of Congress would be one in which investors should expect a bit more fiscal restraint than if Trump wins or there’s a Democratic sweep, according to Henrietta Treyz, director of economic policy at Veda Partners.</p><p style=\"text-align: start;\">“There is no serious fiscal restraint or deficit reduction conversation happening on Capitol Hill and we see none emerging unless Biden wins reelection and Republicans revert back to their 2011-era fiscal conservative mantra,” she wrote in a recent client note.</p><p style=\"text-align: start;\">Such a scenario could lead to brinksmanship over the deficit and debt ceiling that characterized negotiations between the White House and Congress during the Obama administration, she added.</p><p style=\"text-align: start;\">Negotiations over the extension of the Bush tax cuts took several years, saw serious threats that Congress would not raise the debt ceiling, a record-long government shutdown and led to credit-rating agency S&amp;P to downgrade U.S. debt securities BX:TMUBMUSD10Y.</p><p style=\"text-align: start;\">To be sure, it’s not a lock that Democrats will anoint Harris as their nominee at their convention next month, and the decision will be up to the more than 4,000 delegates who are responsible for formally nominating a candidate next month.</p><p style=\"text-align: start;\"> “The minute [Joe Biden] is not a candidate, they are officially uncommitted,” Elaine Kamarck, an expert on conventions and a member of the Democratic National Committee’s rules panel told Politico.</p><p style=\"text-align: start;\">Nevertheless, Harris is seen by analysts as the overwhelming favorite to clinch the nomination.</p><p style=\"text-align: start;\">“Due to time and logistical constraints, it will be difficult for any Democrat [besides Harris] to organize a campaign and raise money,” said Brian Gardner, chief Washington strategist at Stifel, in an email.</p><p style=\"text-align: start;\">“Ms. Harris could inherit the Biden campaign infrastructure including campaign’s funds,” he added.  “Furthermore, we expect that the Congressional Black Caucus will back Vice President Harris…other Democrats will struggle to match these advantages.”</p><p style=\"text-align: start;\">Harris doesn’t have a long track record on economic policy, as most of her public life has been spent as a prosecutor, but her brief time as a senator and 2020 presidential candidate could provide some insight into her views.</p><p style=\"text-align: start;\">During her stint as California attorney general, she helped secure a $25 billion settlement for homeowners who had been wrongfully foreclosed upon in the aftermath of the financial crisis after bowing out of national talks that netted residents of other states less money.</p><p style=\"text-align: start;\">She also championed “homeowners bill of rights” legislation in California, two moves that cemented her status as a consumer advocate in the lead up to her 2020 run.</p><p style=\"text-align: start;\">Harris focused on the struggles of low-income and middle-class home renters as well, proposing during her presidential run a tax credit for families that spend more than 30% of their income on rent and utilities that would come in the form of a monthly check.</p><p style=\"text-align: start;\">Another important factor in Harris’ biography is her long ties to big tech firms. As a San Francisco-based politician, she has cultivated close connections to large technology firms like Meta<strong> </strong>and Google parent Alphabet, a fact that was seen as a liability in the 2020 Democratic primary, but which could be good news for tech investors if she wins the presidency.</p><p style=\"text-align: start;\">Harris struggled to find a consistent message on healthcare IYH policy during that campaign as well. As a freshman senator, she embraced Sen. Bernie Sanders’ “Medicare for All” platform, but backed away from that position as she sought the nomination, arguing instead to allow Americans to keep their private health insurance, but also to sign up for a publicly provided insurance alternative if they chose.</p></body></html>","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>Here's How a President Kamala Harris Could Act on Key Economic Issues</title>\n<style 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}\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\">\nHere's How a President Kamala Harris Could Act on Key Economic Issues\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-07-22 15:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>President Joe Biden withdrew from the 2024 presidential race Sunday, and immediately threw his support behind Vice President Kamala Harris.</p><p style=\"text-align: start;\">Investors should expect a potential Harris administration to defend the economic policies that Biden instituted during his term, including the Inflation Reduction Act’s subsidies for electric cars and green-energy projects, increased IRS funding to pursue wealthy tax evaders, excise taxes on stock buybacks, and a 15% corporate minimum tax for large corporations.</p><p>“A Harris presidency would be, for all intents and purposes, a continuation of the Biden administration,” Isaac Boltansky, director of policy research at BTIG, told MarketWatch.</p><p>“From a Democratic perspective, I think that’s a feature, not a bug,” he said, adding that concerns over a Biden-led ticket were “not because of his policies but because of his health and capacity.”</p><p>Even in the event of a Harris victory over Donald Trump in November, analysts say that it’s likely Republicans will take back the Senate, limiting Harris’ ability to sign partisan legislation.</p><p style=\"text-align: start;\">She would immediately be faced with the need to negotiate over the extension of the 2017 tax cuts, which temporarily lowered individual income-tax rates and increased the child tax credit.</p><p style=\"text-align: start;\">Biden has promised to extend those cuts for families making less than $400,000 per year, and analysts say Harris will likely adopt the same position.</p><p style=\"text-align: start;\">A scenario where there’s a Democrat in the White House while Republicans control at least one chamber of Congress would be one in which investors should expect a bit more fiscal restraint than if Trump wins or there’s a Democratic sweep, according to Henrietta Treyz, director of economic policy at Veda Partners.</p><p style=\"text-align: start;\">“There is no serious fiscal restraint or deficit reduction conversation happening on Capitol Hill and we see none emerging unless Biden wins reelection and Republicans revert back to their 2011-era fiscal conservative mantra,” she wrote in a recent client note.</p><p style=\"text-align: start;\">Such a scenario could lead to brinksmanship over the deficit and debt ceiling that characterized negotiations between the White House and Congress during the Obama administration, she added.</p><p style=\"text-align: start;\">Negotiations over the extension of the Bush tax cuts took several years, saw serious threats that Congress would not raise the debt ceiling, a record-long government shutdown and led to credit-rating agency S&amp;P to downgrade U.S. debt securities BX:TMUBMUSD10Y.</p><p style=\"text-align: start;\">To be sure, it’s not a lock that Democrats will anoint Harris as their nominee at their convention next month, and the decision will be up to the more than 4,000 delegates who are responsible for formally nominating a candidate next month.</p><p style=\"text-align: start;\"> “The minute [Joe Biden] is not a candidate, they are officially uncommitted,” Elaine Kamarck, an expert on conventions and a member of the Democratic National Committee’s rules panel told Politico.</p><p style=\"text-align: start;\">Nevertheless, Harris is seen by analysts as the overwhelming favorite to clinch the nomination.</p><p style=\"text-align: start;\">“Due to time and logistical constraints, it will be difficult for any Democrat [besides Harris] to organize a campaign and raise money,” said Brian Gardner, chief Washington strategist at Stifel, in an email.</p><p style=\"text-align: start;\">“Ms. Harris could inherit the Biden campaign infrastructure including campaign’s funds,” he added.  “Furthermore, we expect that the Congressional Black Caucus will back Vice President Harris…other Democrats will struggle to match these advantages.”</p><p style=\"text-align: start;\">Harris doesn’t have a long track record on economic policy, as most of her public life has been spent as a prosecutor, but her brief time as a senator and 2020 presidential candidate could provide some insight into her views.</p><p style=\"text-align: start;\">During her stint as California attorney general, she helped secure a $25 billion settlement for homeowners who had been wrongfully foreclosed upon in the aftermath of the financial crisis after bowing out of national talks that netted residents of other states less money.</p><p style=\"text-align: start;\">She also championed “homeowners bill of rights” legislation in California, two moves that cemented her status as a consumer advocate in the lead up to her 2020 run.</p><p style=\"text-align: start;\">Harris focused on the struggles of low-income and middle-class home renters as well, proposing during her presidential run a tax credit for families that spend more than 30% of their income on rent and utilities that would come in the form of a monthly check.</p><p style=\"text-align: start;\">Another important factor in Harris’ biography is her long ties to big tech firms. As a San Francisco-based politician, she has cultivated close connections to large technology firms like Meta<strong> </strong>and Google parent Alphabet, a fact that was seen as a liability in the 2020 Democratic primary, but which could be good news for tech investors if she wins the presidency.</p><p style=\"text-align: start;\">Harris struggled to find a consistent message on healthcare IYH policy during that campaign as well. As a freshman senator, she embraced Sen. Bernie Sanders’ “Medicare for All” platform, but backed away from that position as she sought the nomination, arguing instead to allow Americans to keep their private health insurance, but also to sign up for a publicly provided insurance alternative if they chose.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","META":"Meta Platforms, Inc.","GOOG":"谷歌"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2453277286","content_text":"President Joe Biden withdrew from the 2024 presidential race Sunday, and immediately threw his support behind Vice President Kamala Harris.Investors should expect a potential Harris administration to defend the economic policies that Biden instituted during his term, including the Inflation Reduction Act’s subsidies for electric cars and green-energy projects, increased IRS funding to pursue wealthy tax evaders, excise taxes on stock buybacks, and a 15% corporate minimum tax for large corporations.“A Harris presidency would be, for all intents and purposes, a continuation of the Biden administration,” Isaac Boltansky, director of policy research at BTIG, told MarketWatch.“From a Democratic perspective, I think that’s a feature, not a bug,” he said, adding that concerns over a Biden-led ticket were “not because of his policies but because of his health and capacity.”Even in the event of a Harris victory over Donald Trump in November, analysts say that it’s likely Republicans will take back the Senate, limiting Harris’ ability to sign partisan legislation.She would immediately be faced with the need to negotiate over the extension of the 2017 tax cuts, which temporarily lowered individual income-tax rates and increased the child tax credit.Biden has promised to extend those cuts for families making less than $400,000 per year, and analysts say Harris will likely adopt the same position.A scenario where there’s a Democrat in the White House while Republicans control at least one chamber of Congress would be one in which investors should expect a bit more fiscal restraint than if Trump wins or there’s a Democratic sweep, according to Henrietta Treyz, director of economic policy at Veda Partners.“There is no serious fiscal restraint or deficit reduction conversation happening on Capitol Hill and we see none emerging unless Biden wins reelection and Republicans revert back to their 2011-era fiscal conservative mantra,” she wrote in a recent client note.Such a scenario could lead to brinksmanship over the deficit and debt ceiling that characterized negotiations between the White House and Congress during the Obama administration, she added.Negotiations over the extension of the Bush tax cuts took several years, saw serious threats that Congress would not raise the debt ceiling, a record-long government shutdown and led to credit-rating agency S&P to downgrade U.S. debt securities BX:TMUBMUSD10Y.To be sure, it’s not a lock that Democrats will anoint Harris as their nominee at their convention next month, and the decision will be up to the more than 4,000 delegates who are responsible for formally nominating a candidate next month. “The minute [Joe Biden] is not a candidate, they are officially uncommitted,” Elaine Kamarck, an expert on conventions and a member of the Democratic National Committee’s rules panel told Politico.Nevertheless, Harris is seen by analysts as the overwhelming favorite to clinch the nomination.“Due to time and logistical constraints, it will be difficult for any Democrat [besides Harris] to organize a campaign and raise money,” said Brian Gardner, chief Washington strategist at Stifel, in an email.“Ms. Harris could inherit the Biden campaign infrastructure including campaign’s funds,” he added.  “Furthermore, we expect that the Congressional Black Caucus will back Vice President Harris…other Democrats will struggle to match these advantages.”Harris doesn’t have a long track record on economic policy, as most of her public life has been spent as a prosecutor, but her brief time as a senator and 2020 presidential candidate could provide some insight into her views.During her stint as California attorney general, she helped secure a $25 billion settlement for homeowners who had been wrongfully foreclosed upon in the aftermath of the financial crisis after bowing out of national talks that netted residents of other states less money.She also championed “homeowners bill of rights” legislation in California, two moves that cemented her status as a consumer advocate in the lead up to her 2020 run.Harris focused on the struggles of low-income and middle-class home renters as well, proposing during her presidential run a tax credit for families that spend more than 30% of their income on rent and utilities that would come in the form of a monthly check.Another important factor in Harris’ biography is her long ties to big tech firms. As a San Francisco-based politician, she has cultivated close connections to large technology firms like Meta and Google parent Alphabet, a fact that was seen as a liability in the 2020 Democratic primary, but which could be good news for tech investors if she wins the presidency.Harris struggled to find a consistent message on healthcare IYH policy during that campaign as well. As a freshman senator, she embraced Sen. Bernie Sanders’ “Medicare for All” platform, but backed away from that position as she sought the nomination, arguing instead to allow Americans to keep their private health insurance, but also to sign up for a publicly provided insurance alternative if they chose.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9073955104,"gmtCreate":1657270532108,"gmtModify":1676535983203,"author":{"id":"3574482895837419","authorId":"3574482895837419","name":"Freedomfate","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574482895837419","authorIdStr":"3574482895837419"},"themes":[],"htmlText":"Rip","listText":"Rip","text":"Rip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9073955104","repostId":"1198430388","repostType":4,"repost":{"id":"1198430388","kind":"news","pubTimestamp":1657270318,"share":"https://ttm.financial/m/news/1198430388?lang=&edition=fundamental","pubTime":"2022-07-08 16:51","market":"other","language":"en","title":"Shinzo Abe, Japan’s Longest-Serving Prime Minister, Dies at 67","url":"https://stock-news.laohu8.com/highlight/detail?id=1198430388","media":"Bloomberg","summary":"Japanese former Prime Minister Shinzo Abe has died, public broadcaster NHK said on Friday.Abe, 67, h","content":"<html><head></head><body><p>Japanese former Prime Minister Shinzo Abe has died, public broadcaster NHK said on Friday.</p><p>Abe, 67, had been delivering a stump speech near a train station in the western city of Nara when he was shot by an assailant.</p><p>When he came to office for the second time in 2012, Abe launched an unprecedented effort to revive Japan’s flagging economy -- what became known as “Abenomics” -- based on a surge of monetary easing and government spending. Its success propelled his LDP to six straight election wins, making Abe the country’s longest-serving prime minister, with more than 2,800 consecutive days in office.</p><p>The legacy of that policy, including a weaker yen and the Bank of Japan’s ultra-easy support for the economy, remained largely intact even after he stepped down in 2020 -- and even after other central banks started raising borrowing costs in 2022 to stem rampant inflation.</p><h2>Political Dynasty</h2><p>Abe wasbornSept. 21, 1954 in Tokyo. His father, Shintaro Abe, was a foreign minister and his maternal grandfather was the prime minister Nobusuke Kishi, whose views Abe has cited as a strong influence.</p><p>He was the second of three boys born to Shintaro and Yoko Abe. The eldest, Hironobu Abe, went into business. His younger brother, Nobuo, was adopted by a relative and in 2020 became defense minister, Nobuo Kishi.</p><p>Shinzo Abe graduated from the Department of Political Science, the Faculty of Law, atSeikei University, in 1977, according to agovernment website. Ten years later he married Akie Matsuzaki, who was working at the advertising firmDentsu Inc.They had no children.</p><p>He began his political career in 1993, when he was elected to take over his father’s constituency in the southwestern prefecture of Yamaguchi. The clean-cut, young politician was soon singled out as a future leader and appointed to a position in the prime minister’s office in 2000.</p><p>He went on to accompany then-Prime Minister Junichiro Koizumi on a surprise trip to North Korea in 2002 and became his chief cabinet secretary in 2005. The following year, he took over the leadership of the LDP at 52 -- becoming the country’s youngest postwar prime minister.</p><p>His triumph was short-lived: Abe stepped down a year later, blaming a chronic medical condition, ulcerative colitis. His exit led to a revolving door of two further yearlong premierships, followed by the LDP’s historic loss of power in 2009. The three years it spent in opposition were viewed as a humiliation for a party that had been in government almost continuously since 1955.</p><h2>Covid Hit</h2><p>Everything changed again with the arrival of the coronavirus pandemic. The disease hit an economy already strained from trade disputes and asales tax hikethat Abe finally pushed through in 2019 after two delays.</p><p>While Japan’s total Covid-19 death toll remains a fraction of that of other Group of Seven nations, the outbreak forced the postponement of theTokyo 2020 Olympics. Abe had promoted the event by dressing up as video-game character Super Mario for a cameo at the closing ceremonies in Rio de Janeiro in 2016.</p><p>The infection effectively shut down the tourist industry his government had nurtured, and devastated consumption and exports. Even the female workers he had boasted of retaining in the aging and labor-starved economy began to lose their jobs.</p><p>Abe’s handling of the virus came in for intense criticism. At the same time, a fresh scandal surfaced over a former cabinet minister accused of bribing voters to help get his wife elected to parliament’s upper house.</p><p>His public support fell to record lows in some surveys, Abe spent less time in the public eye even as the virus outbreak worsened in July and August 2020, sparking speculation over his health.</p><p>On Aug. 17, 2020, he went to Keio University Hospital -- the hospital that treated him after his 2007 resignation -- for what aides told domestic media were tests. He stepped down later the same month, and the reins were taken over by his former right-hand man, Yoshihide Suga, who again lasted only a year.</p><p>Abe again made a remarkable recovery, remaining a member of parliament and an outspoken voice on security policy.</p><p>His repeated calls for a doubling of defense spending -- controversial within and outside Japan -- and for a revision of the pacifist constitution, are seen by some as having nudged the once-dovish current Prime Minister Fumio Kishida to take a more robust stance.</p></body></html>","source":"lsy1584095487587","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>Shinzo Abe, Japan’s Longest-Serving Prime Minister, Dies at 67</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\">\nShinzo Abe, Japan’s Longest-Serving Prime Minister, Dies at 67\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-08 16:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-08/shinzo-abe-japan-s-longest-serving-prime-minister-dies-at-67><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Japanese former Prime Minister Shinzo Abe has died, public broadcaster NHK said on Friday.Abe, 67, had been delivering a stump speech near a train station in the western city of Nara when he was shot ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-08/shinzo-abe-japan-s-longest-serving-prime-minister-dies-at-67\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-07-08/shinzo-abe-japan-s-longest-serving-prime-minister-dies-at-67","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198430388","content_text":"Japanese former Prime Minister Shinzo Abe has died, public broadcaster NHK said on Friday.Abe, 67, had been delivering a stump speech near a train station in the western city of Nara when he was shot by an assailant.When he came to office for the second time in 2012, Abe launched an unprecedented effort to revive Japan’s flagging economy -- what became known as “Abenomics” -- based on a surge of monetary easing and government spending. Its success propelled his LDP to six straight election wins, making Abe the country’s longest-serving prime minister, with more than 2,800 consecutive days in office.The legacy of that policy, including a weaker yen and the Bank of Japan’s ultra-easy support for the economy, remained largely intact even after he stepped down in 2020 -- and even after other central banks started raising borrowing costs in 2022 to stem rampant inflation.Political DynastyAbe wasbornSept. 21, 1954 in Tokyo. His father, Shintaro Abe, was a foreign minister and his maternal grandfather was the prime minister Nobusuke Kishi, whose views Abe has cited as a strong influence.He was the second of three boys born to Shintaro and Yoko Abe. The eldest, Hironobu Abe, went into business. His younger brother, Nobuo, was adopted by a relative and in 2020 became defense minister, Nobuo Kishi.Shinzo Abe graduated from the Department of Political Science, the Faculty of Law, atSeikei University, in 1977, according to agovernment website. Ten years later he married Akie Matsuzaki, who was working at the advertising firmDentsu Inc.They had no children.He began his political career in 1993, when he was elected to take over his father’s constituency in the southwestern prefecture of Yamaguchi. The clean-cut, young politician was soon singled out as a future leader and appointed to a position in the prime minister’s office in 2000.He went on to accompany then-Prime Minister Junichiro Koizumi on a surprise trip to North Korea in 2002 and became his chief cabinet secretary in 2005. The following year, he took over the leadership of the LDP at 52 -- becoming the country’s youngest postwar prime minister.His triumph was short-lived: Abe stepped down a year later, blaming a chronic medical condition, ulcerative colitis. His exit led to a revolving door of two further yearlong premierships, followed by the LDP’s historic loss of power in 2009. The three years it spent in opposition were viewed as a humiliation for a party that had been in government almost continuously since 1955.Covid HitEverything changed again with the arrival of the coronavirus pandemic. The disease hit an economy already strained from trade disputes and asales tax hikethat Abe finally pushed through in 2019 after two delays.While Japan’s total Covid-19 death toll remains a fraction of that of other Group of Seven nations, the outbreak forced the postponement of theTokyo 2020 Olympics. Abe had promoted the event by dressing up as video-game character Super Mario for a cameo at the closing ceremonies in Rio de Janeiro in 2016.The infection effectively shut down the tourist industry his government had nurtured, and devastated consumption and exports. Even the female workers he had boasted of retaining in the aging and labor-starved economy began to lose their jobs.Abe’s handling of the virus came in for intense criticism. At the same time, a fresh scandal surfaced over a former cabinet minister accused of bribing voters to help get his wife elected to parliament’s upper house.His public support fell to record lows in some surveys, Abe spent less time in the public eye even as the virus outbreak worsened in July and August 2020, sparking speculation over his health.On Aug. 17, 2020, he went to Keio University Hospital -- the hospital that treated him after his 2007 resignation -- for what aides told domestic media were tests. He stepped down later the same month, and the reins were taken over by his former right-hand man, Yoshihide Suga, who again lasted only a year.Abe again made a remarkable recovery, remaining a member of parliament and an outspoken voice on security policy.His repeated calls for a doubling of defense spending -- controversial within and outside Japan -- and for a revision of the pacifist constitution, are seen by some as having nudged the once-dovish current Prime Minister Fumio Kishida to take a more robust stance.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":330253415890976,"gmtCreate":1721634059695,"gmtModify":1721636498107,"author":{"id":"3574482895837419","authorId":"3574482895837419","name":"Freedomfate","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574482895837419","authorIdStr":"3574482895837419"},"themes":[],"htmlText":"Gg&nbsp;","listText":"Gg&nbsp;","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/330253415890976","repostId":"2453277286","repostType":2,"repost":{"id":"2453277286","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1721632617,"share":"https://ttm.financial/m/news/2453277286?lang=&edition=fundamental","pubTime":"2024-07-22 15:16","market":"hk","language":"en","title":"Here's How a President Kamala Harris Could Act on Key Economic Issues","url":"https://stock-news.laohu8.com/highlight/detail?id=2453277286","media":"Dow Jones","summary":"This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","content":"<html><head></head><body><p>President Joe Biden withdrew from the 2024 presidential race Sunday, and immediately threw his support behind Vice President Kamala Harris.</p><p style=\"text-align: start;\">Investors should expect a potential Harris administration to defend the economic policies that Biden instituted during his term, including the Inflation Reduction Act’s subsidies for electric cars and green-energy projects, increased IRS funding to pursue wealthy tax evaders, excise taxes on stock buybacks, and a 15% corporate minimum tax for large corporations.</p><p>“A Harris presidency would be, for all intents and purposes, a continuation of the Biden administration,” Isaac Boltansky, director of policy research at BTIG, told MarketWatch.</p><p>“From a Democratic perspective, I think that’s a feature, not a bug,” he said, adding that concerns over a Biden-led ticket were “not because of his policies but because of his health and capacity.”</p><p>Even in the event of a Harris victory over Donald Trump in November, analysts say that it’s likely Republicans will take back the Senate, limiting Harris’ ability to sign partisan legislation.</p><p style=\"text-align: start;\">She would immediately be faced with the need to negotiate over the extension of the 2017 tax cuts, which temporarily lowered individual income-tax rates and increased the child tax credit.</p><p style=\"text-align: start;\">Biden has promised to extend those cuts for families making less than $400,000 per year, and analysts say Harris will likely adopt the same position.</p><p style=\"text-align: start;\">A scenario where there’s a Democrat in the White House while Republicans control at least one chamber of Congress would be one in which investors should expect a bit more fiscal restraint than if Trump wins or there’s a Democratic sweep, according to Henrietta Treyz, director of economic policy at Veda Partners.</p><p style=\"text-align: start;\">“There is no serious fiscal restraint or deficit reduction conversation happening on Capitol Hill and we see none emerging unless Biden wins reelection and Republicans revert back to their 2011-era fiscal conservative mantra,” she wrote in a recent client note.</p><p style=\"text-align: start;\">Such a scenario could lead to brinksmanship over the deficit and debt ceiling that characterized negotiations between the White House and Congress during the Obama administration, she added.</p><p style=\"text-align: start;\">Negotiations over the extension of the Bush tax cuts took several years, saw serious threats that Congress would not raise the debt ceiling, a record-long government shutdown and led to credit-rating agency S&amp;P to downgrade U.S. debt securities BX:TMUBMUSD10Y.</p><p style=\"text-align: start;\">To be sure, it’s not a lock that Democrats will anoint Harris as their nominee at their convention next month, and the decision will be up to the more than 4,000 delegates who are responsible for formally nominating a candidate next month.</p><p style=\"text-align: start;\"> “The minute [Joe Biden] is not a candidate, they are officially uncommitted,” Elaine Kamarck, an expert on conventions and a member of the Democratic National Committee’s rules panel told Politico.</p><p style=\"text-align: start;\">Nevertheless, Harris is seen by analysts as the overwhelming favorite to clinch the nomination.</p><p style=\"text-align: start;\">“Due to time and logistical constraints, it will be difficult for any Democrat [besides Harris] to organize a campaign and raise money,” said Brian Gardner, chief Washington strategist at Stifel, in an email.</p><p style=\"text-align: start;\">“Ms. Harris could inherit the Biden campaign infrastructure including campaign’s funds,” he added.  “Furthermore, we expect that the Congressional Black Caucus will back Vice President Harris…other Democrats will struggle to match these advantages.”</p><p style=\"text-align: start;\">Harris doesn’t have a long track record on economic policy, as most of her public life has been spent as a prosecutor, but her brief time as a senator and 2020 presidential candidate could provide some insight into her views.</p><p style=\"text-align: start;\">During her stint as California attorney general, she helped secure a $25 billion settlement for homeowners who had been wrongfully foreclosed upon in the aftermath of the financial crisis after bowing out of national talks that netted residents of other states less money.</p><p style=\"text-align: start;\">She also championed “homeowners bill of rights” legislation in California, two moves that cemented her status as a consumer advocate in the lead up to her 2020 run.</p><p style=\"text-align: start;\">Harris focused on the struggles of low-income and middle-class home renters as well, proposing during her presidential run a tax credit for families that spend more than 30% of their income on rent and utilities that would come in the form of a monthly check.</p><p style=\"text-align: start;\">Another important factor in Harris’ biography is her long ties to big tech firms. As a San Francisco-based politician, she has cultivated close connections to large technology firms like Meta<strong> </strong>and Google parent Alphabet, a fact that was seen as a liability in the 2020 Democratic primary, but which could be good news for tech investors if she wins the presidency.</p><p style=\"text-align: start;\">Harris struggled to find a consistent message on healthcare IYH policy during that campaign as well. As a freshman senator, she embraced Sen. Bernie Sanders’ “Medicare for All” platform, but backed away from that position as she sought the nomination, arguing instead to allow Americans to keep their private health insurance, but also to sign up for a publicly provided insurance alternative if they chose.</p></body></html>","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>Here's How a President Kamala Harris Could Act on Key Economic Issues</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\">\nHere's How a President Kamala Harris Could Act on Key Economic Issues\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-07-22 15:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>President Joe Biden withdrew from the 2024 presidential race Sunday, and immediately threw his support behind Vice President Kamala Harris.</p><p style=\"text-align: start;\">Investors should expect a potential Harris administration to defend the economic policies that Biden instituted during his term, including the Inflation Reduction Act’s subsidies for electric cars and green-energy projects, increased IRS funding to pursue wealthy tax evaders, excise taxes on stock buybacks, and a 15% corporate minimum tax for large corporations.</p><p>“A Harris presidency would be, for all intents and purposes, a continuation of the Biden administration,” Isaac Boltansky, director of policy research at BTIG, told MarketWatch.</p><p>“From a Democratic perspective, I think that’s a feature, not a bug,” he said, adding that concerns over a Biden-led ticket were “not because of his policies but because of his health and capacity.”</p><p>Even in the event of a Harris victory over Donald Trump in November, analysts say that it’s likely Republicans will take back the Senate, limiting Harris’ ability to sign partisan legislation.</p><p style=\"text-align: start;\">She would immediately be faced with the need to negotiate over the extension of the 2017 tax cuts, which temporarily lowered individual income-tax rates and increased the child tax credit.</p><p style=\"text-align: start;\">Biden has promised to extend those cuts for families making less than $400,000 per year, and analysts say Harris will likely adopt the same position.</p><p style=\"text-align: start;\">A scenario where there’s a Democrat in the White House while Republicans control at least one chamber of Congress would be one in which investors should expect a bit more fiscal restraint than if Trump wins or there’s a Democratic sweep, according to Henrietta Treyz, director of economic policy at Veda Partners.</p><p style=\"text-align: start;\">“There is no serious fiscal restraint or deficit reduction conversation happening on Capitol Hill and we see none emerging unless Biden wins reelection and Republicans revert back to their 2011-era fiscal conservative mantra,” she wrote in a recent client note.</p><p style=\"text-align: start;\">Such a scenario could lead to brinksmanship over the deficit and debt ceiling that characterized negotiations between the White House and Congress during the Obama administration, she added.</p><p style=\"text-align: start;\">Negotiations over the extension of the Bush tax cuts took several years, saw serious threats that Congress would not raise the debt ceiling, a record-long government shutdown and led to credit-rating agency S&amp;P to downgrade U.S. debt securities BX:TMUBMUSD10Y.</p><p style=\"text-align: start;\">To be sure, it’s not a lock that Democrats will anoint Harris as their nominee at their convention next month, and the decision will be up to the more than 4,000 delegates who are responsible for formally nominating a candidate next month.</p><p style=\"text-align: start;\"> “The minute [Joe Biden] is not a candidate, they are officially uncommitted,” Elaine Kamarck, an expert on conventions and a member of the Democratic National Committee’s rules panel told Politico.</p><p style=\"text-align: start;\">Nevertheless, Harris is seen by analysts as the overwhelming favorite to clinch the nomination.</p><p style=\"text-align: start;\">“Due to time and logistical constraints, it will be difficult for any Democrat [besides Harris] to organize a campaign and raise money,” said Brian Gardner, chief Washington strategist at Stifel, in an email.</p><p style=\"text-align: start;\">“Ms. Harris could inherit the Biden campaign infrastructure including campaign’s funds,” he added.  “Furthermore, we expect that the Congressional Black Caucus will back Vice President Harris…other Democrats will struggle to match these advantages.”</p><p style=\"text-align: start;\">Harris doesn’t have a long track record on economic policy, as most of her public life has been spent as a prosecutor, but her brief time as a senator and 2020 presidential candidate could provide some insight into her views.</p><p style=\"text-align: start;\">During her stint as California attorney general, she helped secure a $25 billion settlement for homeowners who had been wrongfully foreclosed upon in the aftermath of the financial crisis after bowing out of national talks that netted residents of other states less money.</p><p style=\"text-align: start;\">She also championed “homeowners bill of rights” legislation in California, two moves that cemented her status as a consumer advocate in the lead up to her 2020 run.</p><p style=\"text-align: start;\">Harris focused on the struggles of low-income and middle-class home renters as well, proposing during her presidential run a tax credit for families that spend more than 30% of their income on rent and utilities that would come in the form of a monthly check.</p><p style=\"text-align: start;\">Another important factor in Harris’ biography is her long ties to big tech firms. As a San Francisco-based politician, she has cultivated close connections to large technology firms like Meta<strong> </strong>and Google parent Alphabet, a fact that was seen as a liability in the 2020 Democratic primary, but which could be good news for tech investors if she wins the presidency.</p><p style=\"text-align: start;\">Harris struggled to find a consistent message on healthcare IYH policy during that campaign as well. As a freshman senator, she embraced Sen. Bernie Sanders’ “Medicare for All” platform, but backed away from that position as she sought the nomination, arguing instead to allow Americans to keep their private health insurance, but also to sign up for a publicly provided insurance alternative if they chose.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","META":"Meta Platforms, Inc.","GOOG":"谷歌"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2453277286","content_text":"President Joe Biden withdrew from the 2024 presidential race Sunday, and immediately threw his support behind Vice President Kamala Harris.Investors should expect a potential Harris administration to defend the economic policies that Biden instituted during his term, including the Inflation Reduction Act’s subsidies for electric cars and green-energy projects, increased IRS funding to pursue wealthy tax evaders, excise taxes on stock buybacks, and a 15% corporate minimum tax for large corporations.“A Harris presidency would be, for all intents and purposes, a continuation of the Biden administration,” Isaac Boltansky, director of policy research at BTIG, told MarketWatch.“From a Democratic perspective, I think that’s a feature, not a bug,” he said, adding that concerns over a Biden-led ticket were “not because of his policies but because of his health and capacity.”Even in the event of a Harris victory over Donald Trump in November, analysts say that it’s likely Republicans will take back the Senate, limiting Harris’ ability to sign partisan legislation.She would immediately be faced with the need to negotiate over the extension of the 2017 tax cuts, which temporarily lowered individual income-tax rates and increased the child tax credit.Biden has promised to extend those cuts for families making less than $400,000 per year, and analysts say Harris will likely adopt the same position.A scenario where there’s a Democrat in the White House while Republicans control at least one chamber of Congress would be one in which investors should expect a bit more fiscal restraint than if Trump wins or there’s a Democratic sweep, according to Henrietta Treyz, director of economic policy at Veda Partners.“There is no serious fiscal restraint or deficit reduction conversation happening on Capitol Hill and we see none emerging unless Biden wins reelection and Republicans revert back to their 2011-era fiscal conservative mantra,” she wrote in a recent client note.Such a scenario could lead to brinksmanship over the deficit and debt ceiling that characterized negotiations between the White House and Congress during the Obama administration, she added.Negotiations over the extension of the Bush tax cuts took several years, saw serious threats that Congress would not raise the debt ceiling, a record-long government shutdown and led to credit-rating agency S&P to downgrade U.S. debt securities BX:TMUBMUSD10Y.To be sure, it’s not a lock that Democrats will anoint Harris as their nominee at their convention next month, and the decision will be up to the more than 4,000 delegates who are responsible for formally nominating a candidate next month. “The minute [Joe Biden] is not a candidate, they are officially uncommitted,” Elaine Kamarck, an expert on conventions and a member of the Democratic National Committee’s rules panel told Politico.Nevertheless, Harris is seen by analysts as the overwhelming favorite to clinch the nomination.“Due to time and logistical constraints, it will be difficult for any Democrat [besides Harris] to organize a campaign and raise money,” said Brian Gardner, chief Washington strategist at Stifel, in an email.“Ms. Harris could inherit the Biden campaign infrastructure including campaign’s funds,” he added.  “Furthermore, we expect that the Congressional Black Caucus will back Vice President Harris…other Democrats will struggle to match these advantages.”Harris doesn’t have a long track record on economic policy, as most of her public life has been spent as a prosecutor, but her brief time as a senator and 2020 presidential candidate could provide some insight into her views.During her stint as California attorney general, she helped secure a $25 billion settlement for homeowners who had been wrongfully foreclosed upon in the aftermath of the financial crisis after bowing out of national talks that netted residents of other states less money.She also championed “homeowners bill of rights” legislation in California, two moves that cemented her status as a consumer advocate in the lead up to her 2020 run.Harris focused on the struggles of low-income and middle-class home renters as well, proposing during her presidential run a tax credit for families that spend more than 30% of their income on rent and utilities that would come in the form of a monthly check.Another important factor in Harris’ biography is her long ties to big tech firms. As a San Francisco-based politician, she has cultivated close connections to large technology firms like Meta and Google parent Alphabet, a fact that was seen as a liability in the 2020 Democratic primary, but which could be good news for tech investors if she wins the presidency.Harris struggled to find a consistent message on healthcare IYH policy during that campaign as well. As a freshman senator, she embraced Sen. Bernie Sanders’ “Medicare for All” platform, but backed away from that position as she sought the nomination, arguing instead to allow Americans to keep their private health insurance, but also to sign up for a publicly provided insurance alternative if they chose.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9073955104,"gmtCreate":1657270532108,"gmtModify":1676535983203,"author":{"id":"3574482895837419","authorId":"3574482895837419","name":"Freedomfate","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574482895837419","authorIdStr":"3574482895837419"},"themes":[],"htmlText":"Rip","listText":"Rip","text":"Rip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9073955104","repostId":"1198430388","repostType":4,"repost":{"id":"1198430388","kind":"news","pubTimestamp":1657270318,"share":"https://ttm.financial/m/news/1198430388?lang=&edition=fundamental","pubTime":"2022-07-08 16:51","market":"other","language":"en","title":"Shinzo Abe, Japan’s Longest-Serving Prime Minister, Dies at 67","url":"https://stock-news.laohu8.com/highlight/detail?id=1198430388","media":"Bloomberg","summary":"Japanese former Prime Minister Shinzo Abe has died, public broadcaster NHK said on Friday.Abe, 67, h","content":"<html><head></head><body><p>Japanese former Prime Minister Shinzo Abe has died, public broadcaster NHK said on Friday.</p><p>Abe, 67, had been delivering a stump speech near a train station in the western city of Nara when he was shot by an assailant.</p><p>When he came to office for the second time in 2012, Abe launched an unprecedented effort to revive Japan’s flagging economy -- what became known as “Abenomics” -- based on a surge of monetary easing and government spending. Its success propelled his LDP to six straight election wins, making Abe the country’s longest-serving prime minister, with more than 2,800 consecutive days in office.</p><p>The legacy of that policy, including a weaker yen and the Bank of Japan’s ultra-easy support for the economy, remained largely intact even after he stepped down in 2020 -- and even after other central banks started raising borrowing costs in 2022 to stem rampant inflation.</p><h2>Political Dynasty</h2><p>Abe wasbornSept. 21, 1954 in Tokyo. His father, Shintaro Abe, was a foreign minister and his maternal grandfather was the prime minister Nobusuke Kishi, whose views Abe has cited as a strong influence.</p><p>He was the second of three boys born to Shintaro and Yoko Abe. The eldest, Hironobu Abe, went into business. His younger brother, Nobuo, was adopted by a relative and in 2020 became defense minister, Nobuo Kishi.</p><p>Shinzo Abe graduated from the Department of Political Science, the Faculty of Law, atSeikei University, in 1977, according to agovernment website. Ten years later he married Akie Matsuzaki, who was working at the advertising firmDentsu Inc.They had no children.</p><p>He began his political career in 1993, when he was elected to take over his father’s constituency in the southwestern prefecture of Yamaguchi. The clean-cut, young politician was soon singled out as a future leader and appointed to a position in the prime minister’s office in 2000.</p><p>He went on to accompany then-Prime Minister Junichiro Koizumi on a surprise trip to North Korea in 2002 and became his chief cabinet secretary in 2005. The following year, he took over the leadership of the LDP at 52 -- becoming the country’s youngest postwar prime minister.</p><p>His triumph was short-lived: Abe stepped down a year later, blaming a chronic medical condition, ulcerative colitis. His exit led to a revolving door of two further yearlong premierships, followed by the LDP’s historic loss of power in 2009. The three years it spent in opposition were viewed as a humiliation for a party that had been in government almost continuously since 1955.</p><h2>Covid Hit</h2><p>Everything changed again with the arrival of the coronavirus pandemic. The disease hit an economy already strained from trade disputes and asales tax hikethat Abe finally pushed through in 2019 after two delays.</p><p>While Japan’s total Covid-19 death toll remains a fraction of that of other Group of Seven nations, the outbreak forced the postponement of theTokyo 2020 Olympics. Abe had promoted the event by dressing up as video-game character Super Mario for a cameo at the closing ceremonies in Rio de Janeiro in 2016.</p><p>The infection effectively shut down the tourist industry his government had nurtured, and devastated consumption and exports. Even the female workers he had boasted of retaining in the aging and labor-starved economy began to lose their jobs.</p><p>Abe’s handling of the virus came in for intense criticism. At the same time, a fresh scandal surfaced over a former cabinet minister accused of bribing voters to help get his wife elected to parliament’s upper house.</p><p>His public support fell to record lows in some surveys, Abe spent less time in the public eye even as the virus outbreak worsened in July and August 2020, sparking speculation over his health.</p><p>On Aug. 17, 2020, he went to Keio University Hospital -- the hospital that treated him after his 2007 resignation -- for what aides told domestic media were tests. He stepped down later the same month, and the reins were taken over by his former right-hand man, Yoshihide Suga, who again lasted only a year.</p><p>Abe again made a remarkable recovery, remaining a member of parliament and an outspoken voice on security policy.</p><p>His repeated calls for a doubling of defense spending -- controversial within and outside Japan -- and for a revision of the pacifist constitution, are seen by some as having nudged the once-dovish current Prime Minister Fumio Kishida to take a more robust stance.</p></body></html>","source":"lsy1584095487587","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>Shinzo Abe, Japan’s Longest-Serving Prime Minister, Dies at 67</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\">\nShinzo Abe, Japan’s Longest-Serving Prime Minister, Dies at 67\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-08 16:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-08/shinzo-abe-japan-s-longest-serving-prime-minister-dies-at-67><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Japanese former Prime Minister Shinzo Abe has died, public broadcaster NHK said on Friday.Abe, 67, had been delivering a stump speech near a train station in the western city of Nara when he was shot ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-08/shinzo-abe-japan-s-longest-serving-prime-minister-dies-at-67\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-07-08/shinzo-abe-japan-s-longest-serving-prime-minister-dies-at-67","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198430388","content_text":"Japanese former Prime Minister Shinzo Abe has died, public broadcaster NHK said on Friday.Abe, 67, had been delivering a stump speech near a train station in the western city of Nara when he was shot by an assailant.When he came to office for the second time in 2012, Abe launched an unprecedented effort to revive Japan’s flagging economy -- what became known as “Abenomics” -- based on a surge of monetary easing and government spending. Its success propelled his LDP to six straight election wins, making Abe the country’s longest-serving prime minister, with more than 2,800 consecutive days in office.The legacy of that policy, including a weaker yen and the Bank of Japan’s ultra-easy support for the economy, remained largely intact even after he stepped down in 2020 -- and even after other central banks started raising borrowing costs in 2022 to stem rampant inflation.Political DynastyAbe wasbornSept. 21, 1954 in Tokyo. His father, Shintaro Abe, was a foreign minister and his maternal grandfather was the prime minister Nobusuke Kishi, whose views Abe has cited as a strong influence.He was the second of three boys born to Shintaro and Yoko Abe. The eldest, Hironobu Abe, went into business. His younger brother, Nobuo, was adopted by a relative and in 2020 became defense minister, Nobuo Kishi.Shinzo Abe graduated from the Department of Political Science, the Faculty of Law, atSeikei University, in 1977, according to agovernment website. Ten years later he married Akie Matsuzaki, who was working at the advertising firmDentsu Inc.They had no children.He began his political career in 1993, when he was elected to take over his father’s constituency in the southwestern prefecture of Yamaguchi. The clean-cut, young politician was soon singled out as a future leader and appointed to a position in the prime minister’s office in 2000.He went on to accompany then-Prime Minister Junichiro Koizumi on a surprise trip to North Korea in 2002 and became his chief cabinet secretary in 2005. The following year, he took over the leadership of the LDP at 52 -- becoming the country’s youngest postwar prime minister.His triumph was short-lived: Abe stepped down a year later, blaming a chronic medical condition, ulcerative colitis. His exit led to a revolving door of two further yearlong premierships, followed by the LDP’s historic loss of power in 2009. The three years it spent in opposition were viewed as a humiliation for a party that had been in government almost continuously since 1955.Covid HitEverything changed again with the arrival of the coronavirus pandemic. The disease hit an economy already strained from trade disputes and asales tax hikethat Abe finally pushed through in 2019 after two delays.While Japan’s total Covid-19 death toll remains a fraction of that of other Group of Seven nations, the outbreak forced the postponement of theTokyo 2020 Olympics. Abe had promoted the event by dressing up as video-game character Super Mario for a cameo at the closing ceremonies in Rio de Janeiro in 2016.The infection effectively shut down the tourist industry his government had nurtured, and devastated consumption and exports. Even the female workers he had boasted of retaining in the aging and labor-starved economy began to lose their jobs.Abe’s handling of the virus came in for intense criticism. At the same time, a fresh scandal surfaced over a former cabinet minister accused of bribing voters to help get his wife elected to parliament’s upper house.His public support fell to record lows in some surveys, Abe spent less time in the public eye even as the virus outbreak worsened in July and August 2020, sparking speculation over his health.On Aug. 17, 2020, he went to Keio University Hospital -- the hospital that treated him after his 2007 resignation -- for what aides told domestic media were tests. He stepped down later the same month, and the reins were taken over by his former right-hand man, Yoshihide Suga, who again lasted only a year.Abe again made a remarkable recovery, remaining a member of parliament and an outspoken voice on security policy.His repeated calls for a doubling of defense spending -- controversial within and outside Japan -- and for a revision of the pacifist constitution, are seen by some as having nudged the once-dovish current Prime Minister Fumio Kishida to take a more robust stance.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}