Similar Stories to Trump-supporting Hedge Fund Billionaire Says He'll Pull His Money Out Of The Market If Harris Wins The Election on Bing News

fdemott@insider.com (Filip De Mott), Business Insider
Wed, 09/18/2024 - 9:23am

John Paulson.Rob Kim / Getty ImagesJohn Paulson will sell his stocks and buy gold if Kamala Harris wins the presidency.The Trump-supporting hedge fund billionaire criticized Harris' tax plans on a Fox Business segment.Paulson said a proposed tax on unrealized gains would "could mass selling of almost everything."Billionaire hedge fund manager and Trump donor John Paulson told Fox Business that he will sell his stocks if Kamala Harris wins the presidency in November."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," Paulson said on "The Claman Countdown."Paulson was particularly focused on Harris' proposal to levy a 25% tax on unrealized gains for individuals worth more than $100 million.

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BING NEWS:

Hedge Fund Billionaire Says He'd Pull Money from Market and Go to Gold If Harris Wins
Hedge fund billionaire John Paulson said he would pull his money out of the market and go into cash and gold if Kamala Harris wins the election.
09/19/2024 - 4:16 am | View Link
Hedge fund billionaires plan to pull money out if Kamala Harris wins
Hedge fund managers and billionaires have sworn to withdraw their investments from the market if Kamala Harris wins November 4th elections as president.
09/18/2024 - 10:04 pm | View Link
US billionaire says will pull money from market if Kamala Harris wins US election
Billionaire John Paulson, a hedge fund manager and founder of The Paulson Co., pointed to Kamala Harris' proposed economic policies, saying that they would cause a panic, prompting people to sell ...
09/18/2024 - 7:28 pm | View Link
Trump-Loving Billionaire Threatens to Pull His Money From the Market If Harris Wins the Election
John Paulson has boldly claimed Trump would be better for the middle class. He did not mention the ex-president’s pledge to keep taxes low for the richest people in the country.
09/18/2024 - 9:35 am | View Link
Trump-supporting hedge fund billionaire says he'll pull his money out of the market if Harris wins the election
Trump fundraiser John Paulson told Fox Business that he'll sell stocks, move to cash, and buy gold if Kamala Harris' capital-gains tax goes through.
09/18/2024 - 5:23 am | View Link
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