'I think it landed': Analyst singles out moment Kamala Harris won over Wall Street
September 26, 2024
Speaking with the co-hosts on MSNBC's "Morning Joe," on Thursday morning, business analyst Andrew Ross Sorkin explained that Vice President Kamala Harris alleviated a lot of concerns about her candidacy during a Wednesday speech and subsequent interview with MSNBC's Stephanie Ruhle.
Harris has been facing criticism from mainstream media members for not explaining enough about her policies while they have given Donald Trump a "pass" as co-host Joe Scarborough observed earlier.
According to Sorkin, Harris has some "reluctant" fans in the business community and one declaration she made on Wednesday allayed any fears they may have had.
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"There's a line in her speech yesterday where she said she was 'a capitalist,' and where she was free and fair markets, that was music to the ears of folks who weren't really sure where she really stood," Sorkin told the hosts.
"They have heard her called a progressive and then to hear her say that, you know we have heard from a lot of oh folks from inside her campaign that she was going to tack to the center, but was she really? I think this was, to the world of business a sigh of relief. Yes, she's going to have higher corporate taxes than former president Trump would be pushing for. At the same time there's a sense now you're going to have divided government anyway."
"The feedback I heard from the business community last night was very, very positive for her pretty much across the board," he added. "They want to know more, but they were feeling -- they were feeling better. Again, I don't know if this is a vibes campaign, but the vibes were better. "
"She also said something very interesting," he told the hosts. "She said I'm not against them being wealthy, I'm not against success. I just want to figure out a way to tax the system in a fair way. I think that to some degree resonated. Now I know there are going to be some selfish folks out there who are super greedy who don't even like the idea of it. But I just think that, when you start to think about what is the more practical approach to all these things, she definitely laid out her case, and I think it landed to a large degree."
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