Wed Sep 18 02:15:11 UTC 2024: ## Harris Takes Lead in 2024 Presidential Race: CNBC Fed Survey
**NEW YORK** – In a surprising turn of events, Vice President Kamala Harris is now seen as more likely to win the 2024 presidential election than former President Donald Trump, according to a new CNBC Fed Survey.
The survey, which polled 27 investment strategists, economists, and fund managers, reveals a shift in sentiment since July. 48% of respondents now favor Harris, while 41% believe Trump will emerge victorious. This marks a significant change from the previous survey where Trump held a comfortable lead.
The survey’s findings come after the first and possibly only debate between Harris and Trump, held several days before the poll was conducted. Harris has since been fleshing out her economic platform, focusing on growing the middle class and reducing consumer costs through measures like housing subsidies and expanded tax credits. Trump, on the other hand, is advocating for deeper tax cuts, a tough stance on tariffs, and a roll back of some Biden administration infrastructure investments.
Despite the shifting view on the presidential race, the survey also reveals concerns about the potential impact of both candidates’ economic policies. Respondents believe Trump’s policies would be more beneficial for the stock market, but Harris’ proposals would be better for budget deficits and trade policy.
A significant majority (56%) of respondents believe Trump would be a better candidate for the stock market, while 44% believe he would be better for the overall economy. However, on the question of which candidate would be better for the country as a whole, 52% favored Harris, compared to 37% for Trump.
Concerns about the potential economic consequences of Trump’s policies were also raised. Joel Naroff, president of Naroff Economics LLC, argues that Trump’s proposed tariffs and mass deportation policies could lead to higher inflation and a recession.
Robert Fry, chief economist at Robert Fry Economics LLC, highlights the potential impact of divided government, arguing that it could be beneficial in preventing the escalation of the deficit and inflation.
Overall, the CNBC Fed Survey highlights a potential shift in the 2024 presidential race, with Harris gaining ground against Trump. However, concerns remain about the economic consequences of both candidates’ policies, prompting calls for a more balanced government to mitigate potential risks.
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