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Billionaire investors weigh 2024 election in twilight hours of presidential race
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Billionaire investors weigh 2024 election in twilight hours of presidential race

2024 presidential election With just a few days left, several billionaire investors have weighed in on what to expect from the matchup, including predicting who might win.

Both former president Donald Trump and Vice President Kamala Harris has the support of several multimillionaires. However, other high-dollar names prefer not to declare their political support before the election. But as the 2024 election cycle draws to a close, everyone is waiting for the results of the election of the country’s next leader to emerge.

Bill Ackman

Ackman, the best known invest Google and Chipotle, Endorsed Trump’s 2024 presidential candidacy in July and defended his choice to support the former president during a sit-down interview Wednesday.. Investor dismisses possibility that political support could hurt If they have connections with Google, “so be it,” he adds.

In the interview, which was a bit heated at times, Ackman explained that his support for Trump was largely driven by three factors: foreign policy, immigration and the economy. Ackman focused largely on Trump’s conduct on foreign affairs, arguing that the world has become much more dangerous since he leaves office in 2021.

“The world is a safer place for a reason: dictators were afraid of Trump,” Ackman told CNBC. Squeal Box. “And Trump says, ‘Look, if you step into Ukraine, I’ll bomb Moscow.’ Let’s say he said something like this. Putin would take such things seriously from him. He didn’t know if he was serious or not.”

Paul Tudor Jones

Founder Tudor Jones Robin Hood FoundationHe stated on Tuesday: Trump prepares for victorybut he prefaced his prediction by stating that he did not have “great insights” into this matter. He also voiced criticism of both presidential candidates, calling them “the two least fit individuals for the office of president.”

“I’ve definitely moved in that direction,” Jones said on CNBC. Squeal Box. “It just means more inflation trading, which I would love to get to, but it’s really important that we frame where we are right now, and where we are is an incredible moment in U.S. history.”

Unlike Ackman, Jones chose not to favor one candidate over another or even reveal who he voted for. The billionaire noted how “divided” the country is right now, adding that he has “excellent relations no matter which administration.”

Howard Lutnick

Lutnick, CEO and chairman of Cantor-Fitzgerald, is also co-chair of the Trump-Vance transition team. Trump’s plans announced tariffs in other countries, it’s a tactic former presidents have employed on the campaign trail to boost the country’s productivity. Lutnick listed an example where U.S. automakers cannot sell vehicles in certain international markets, but they can sell vehicles for those same markets within the United States.

When asked about shortages that could occur between tariffs on other countries and the U.S. producing products it usually imports from other countries, Lutnick argued that it would be “correct” to predict price increases. However, he said prices of similar products would not increase and listed Fiji Water and rival water brands as examples of his argument.

“Anyone who says this is inflation is completely wrong because the other product hasn’t gone up,” Lutnick said. “There is only one way to achieve inflation: Print more money and give it to all of us. When we all have more money, everything becomes more expensive. The idea is: Put a tariff and tell the company: ‘If you come to America and manufacture in America, you get a tax credit for your tariff.’”

CLICK HERE FOR MORE FROM THE WASHINGTON EXAMINER

Ahead of the election, LinkedIn co-founder and major Democratic donor Reid Hoffman More than $500,000 donated to Women4Us political action committee. With the super PAC’s support of Harris, she is the largest donor so far. Super PAC calls himself a cohort that “current and former Republican women” encouraged other women who lean politically to the right to vote against Trump.

Billionaire Elon MuskThe owner of social media platform with a million dollar gift daily. Meanwhile, the former president also implied the following: Appointing Musk as his second president If he wins the election, he will give the billionaire the unofficial title of “cost-cutting secretary.”