Why corporate America wants to stay silent on the 2024 election

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Yahoo Finance

Yahoo Finance

Күн бұрын

As the 2024 presidential election nears, more corporate leaders are choosing not to comment on hot-button issues. Yahoo Finance Senior Columnist Rick Newman joins Catalysts to explain why Corporate America may be choosing to sit this election out.
While Biden and Trump have vastly different policies, corporations historically have played both sides in elections. "They will give more or less equally to both parties because they want to make sure they have friends in high places no matter who wins," Newman explains, anticipating corporate donations to be "robust" during this election year.
As the war in Gaza escalates, Newman says companies "just can't win by taking a stand, so they just want to be as neutral as possible."
He adds that corporate borrowing is rising as companies expect more volatility in the closing months of the election season.
#youtube #news #politics
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Пікірлер: 6
@Danielfreeman-nr2xc
@Danielfreeman-nr2xc Ай бұрын
My aunt passed and I inherited some of her portfolio and cash savings, I’m 28 with about 400k cash in savings and as usual everybody’s preaching invest, so what stocks are a good long term buy, only major purchase I intend to make is buying a home in 5years from my returns
@carrieVernon
@carrieVernon Ай бұрын
Lucky you, I’d buy a lot of tech stocks and Dividend portfolios with that.
@Hoodiesgooners
@Hoodiesgooners Ай бұрын
Don’t come to KZbin looking for KZbin advise, instead contact a fiduciary for proper guidance.
@Sarahkidz
@Sarahkidz Ай бұрын
Same, I just use KZbin for research purposes, I run all my major stake through a stake confidante, the market is just too unstable to handle things on your own.
@Danielfreeman-nr2xc
@Danielfreeman-nr2xc Ай бұрын
How do I reach out to a financial advisor? my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.
@BennyB00per
@BennyB00per Ай бұрын
@@Hoodiesgooners this.. Even if you have the money don't talk about it with people you know I have had family members steal my own inheritance money. Be smart my friend.
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