The Bad Outcome: What a Harris Victory Would Mean for Markets

The economic blueprint proposed by Vice President Harris is a recipe for stagflation, a condition characterized by stagnant economic growth paired with high inflation. This scenario arises because her policies simultaneously stimulate demand while constraining supply—two forces that, when combined, traditionally result in economic stagnation and inflation. See also Navigating Inflation: Investment Strategies for an Era of Rising Prices, an article I wrote on the 14th of June.

Stimulating Demand: A Double-Edged Sword