🚀 Jim Cramer: Harris's stance on the cryptocurrency industry has changed, and policy expectations are enhanced!
TV celebrity and hedge fund manager Jim Cramer recently said on the Mad Money show that he no longer opposes Vice President Kamala Harris as his favorite US presidential candidate. Cramer believes that Harris' policies are more beneficial to large companies and multinational corporations than Biden.
Cramer said that although Biden appears to be more radical in corporate regulation, Harris is more like a centrist, and her policies may bring a business-friendly environment. For example, in times of economic turmoil, this may help stabilize the market.
He also believes that Harris' policies are seen as balancing economic growth and stability, especially investors in difficult times when companies are adapting to global markets, and concerns about economic uncertainty, inflation, geopolitical tensions and stock market volatility. And her policies may ensure competitiveness without imposing overly strict regulations on innovation.
Cramer also mentioned that unlike Biden's interventionist policies, Harris prefers a technology-based policy focus. Therefore, he believes that Harris can find a balance that can create competition without stifling major players in the technology industry.
On the other hand, for the economic combination of Trump and JD Vance, Cramer believes that their protectionism and pro-domestic policies may pose a threat to multinational companies that rely on international supply chains and bring an unstable market environment.
In summary, Cramer believes that if Harris wins the presidential election, her neutral attitude towards technology regulation may have a positive impact on the cryptocurrency industry. At the same time, Harris may create a more innovative environment for the cryptocurrency industry and promote healthy competition and development in the industry.
💬 Do you agree with Cramer's point of view? In the upcoming US presidential election, which policies do you think are most critical to the cryptocurrency market? If Harris is elected, what specific measures do you think she may take to support the cryptocurrency industry?
