Cathie Wood, a famous American fund manager and founder of Ark Investment Management, recently said that there’s a connection between how the S&P 500 index does and how well Trump is doing in the polls. She talked about how some important economic policies might affect the market, focusing on Trump’s thoughts on taxes, tariffs, and monetary policy.
Wood mentioned that the market likes tax cuts and is worried that the tax cuts in the first tax bill passed under Trump will end at the end of ’25. She added that Trump has said he supports extending those tax cuts and introducing more personal and corporate tax cuts. (Benzinga)
