Harris leads Trump by a narrow margin! Market turbulence is feared before confirming Democratic nominee

2024-07-24 1154

On July 23rd local time, at his first campaign rally after replacing Biden as the Democratic presidential candidate, Vice President Harris criticized Republican candidate Trump. Meanwhile, a poll shows that she leads Trump by a narrow margin.

Harris leads Trump by a narrow margin

In a 17 minute speech, Harris fiercely criticized Trump's weaknesses, comparing her former prosecutor background to Trump's record of serious offenders.

Harris listed a series of liberal priorities, stating that if elected, she would take action to expand abortion channels, make it easier for workers to join unions, and address gun violence, in stark contrast to Trump.

Harris said, "Trump wants our country to regress

A national poll conducted on Monday and Tuesday showed that Harris leads Trump's 42% with 44% of registered voters, after President Biden announced his withdrawal from the race last Sunday and supported Harris to succeed him as the Democratic candidate.

A poll conducted before Biden's withdrawal showed that a week ago, Harris and Trump's approval ratings were both 44%, tied; At the beginning of this month, Trump's approval rating was one percentage point ahead of Harris.

In these three polls, the differences were within a margin of error of three percentage points, but these results may indicate limited momentum for the Democratic Party - and also suggest that Trump may not have gained the usual upward momentum in support that usually accompanies the Republican National Convention held in Milwaukee last week.

Trump and his allies are trying to link Harris with some of Biden's unpopular policies, including the Biden administration's handling of the surge in immigration at the southern US Mexico border.

Trump said on Tuesday that he is confident in defeating Harris. He pointed out that Harris had previously participated in the 2020 presidential election and was eliminated in the first round of statewide nominations.

Harris is receiving increasing support

At the same time, Harris is gaining more and more support, which undoubtedly strengthens her confidence.

According to reports, after Biden announced his withdrawal and endorsed Vice President Harris, California Governor Gavin Newson and Michigan Governor Gretchen Whitmer did not challenge Harris' plans. Newson and Whitmer are considered potential contenders for the Democratic presidential nomination.

Vice President Harris' campaign officials, allies, and supporters are contacting Democratic representatives to ensure their support before the party congress. Some Democratic state party chairpersons are having online meetings with representatives urging them to support Harris.

Former US President Bill Clinton and his wife Hillary Clinton issued a statement supporting Harris' presidential campaign.

It is worth noting that two major Democratic donors - Reed Hoffman, co-founder of LinkedIn and partner at venture capital firm Greylock Partners, and Alexander Soros, successor to financial magnate George Soros, publicly support Harris as the next presidential candidate.

Senate Democratic Leader Schumer stated that Harris will soon become the Democratic Party's presidential nominee.

Before the official announcement of the Democratic nominee, the market will be very volatile

Jamie Cox, Managing Partner of Harris Financial Group, stated that the question of who will become the Democratic presidential nominee after Biden's withdrawal will largely re-enter investors' minds.

He pointed out that the market will be very volatile before the Democratic nominee is announced. This may be reflected in the US dollar, causing fluctuations in fixed income and US stocks.

The chairman of the Democratic National Committee stated that the Democratic Party will nominate a presidential candidate before August 7th local time; The party will adopt a "transparent, prompt, and orderly" process to advance the nomination.

Daily chart of the US dollar index

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