Welp. the industries on the receiving end of the Green, infrastructure and inflation reduction act sure like the sound of Harris winning.
That would continue the massive deficit spending directly to them.
Solar stocks gain as Wall Street says Harris won the debate against Trump (cnbc.com)
Wall Street largely thinks Vice President Kamala Harris beat former President Donald Trump in what will likely be their only debate.
The outcome of the election is crucial for clean energy stocks, which have received tax credits through Biden administration’s Inflation Reduction Act.
The election is a potential turning point for the energy transition, with some investors nervous that former President Donald Trump will weaken or even repeal the Inflation Reduction Act if Republicans sweep the White House and Congress.
Analysts largely expect the IRA status quo if Harris wins. While they think a full repeal of the IRA is unlikely if Trump wins, the expectation is he will take aim at least some of the law’s provisions, particularly tax credits for electric vehicles.
Kinda explains why wall street and the MSM support her. follow the money. they want the corporate welfare that she will continue