The US stock market and technology giants will tremble If this woman becomes the president of the United States

As the 2020 election year approaches, competition between US presidential candidates is becoming more intense.

Recently, US Presidential candidate Elizabeth Warren has become more and more supportive. On October 13, local time, according to the US Columbia TV news, Warren has recently extended the electoral advantage to 18 states, and 31% to 25% lead Biden, compared with 26% to 25% released in September, the gap Significantly expanded.

This trend has made Wall Street and the US technology giants a bit flustered. Wall Street believes that Warren's coming to power may pose a huge threat to the US stock market; the US technology giant even threatened to "do everything possible" to deal with her.

The least friendly to the market?

If Warren is in power, what will happen to the US stock market?

Hedge fund giant Leon Cooperman once said on CNBC's show:

"If Elisabeth Warren is the next president, the stock market will simply not have to open."

Leon Cooperman's remarks point to Wall Street's concerns about Warren. CNN even bluntly said that the better the data of the Warren poll, the higher the anxiety on Wall Street.

Lori Calvasina, head of US equity strategy at Royal Bank of Canada Capital Markets, said in the report: "Investors clearly think Biden is better than Warren."

Calvasina pointed out that in fact, Warren was seen as the "most unfriendly to the market" candidates.

Why is Wall Street so afraid of Warren? Because Warren's campaign idea is to do more things to regulate the financial market after he takes office, especially in the technology, healthcare and energy industries.

Not only that, but she also proposed to impose a 2% wealth tax on households with net assets of more than $50 million per year, and a 3% wealth tax on households with net assets of more than $1 billion per year. The money bag of the rich Americans.

But Royal Bank of Canada Capital Markets Inc. believes that Wall Street's fear of Warren seems to have gone too far, and said that if Warren was elected president of the United States, the stock market would not be too bad.

Calvasina said in the report, "When Warren is elected, the pain she brings is only temporary." She believes that the current risks of the US financial, energy, healthcare and industrial sectors are completely underestimated, so these industries It should be more regulated.

Calvasina also said that small-cap stocks may perform better than large-cap stocks because they have less direct risk from policy adjustments.

Matt Daley, managing director of the investment management company Conning and head of corporate credit research, believes that Warren's victory may drive some market and economic development. He pointed out that if Warren wins the White House competition, clean energy and infrastructure may benefit.

Not only that, but more people believe that Warren's policy agenda after he took office will definitely differ from her commitment during the campaign. Analysts at Moffett Nathanson, a technology, media and telecommunications research firm, said that "there is a difference between Warren's campaign speech and actual policy, and we are relatively optimistic."

Facebook is called

American technology companies are also wary of Warren, because Warren has threatened to split these tech giants if they come to power.

Last weekend, Mark Zuckerberg, CEO of American social media giant Facebook, fought a war with Warren.

Zuckerberg said that if Warren is elected president, then Facebook will "do everything possible" to defeat Warren's split Facebook project.

Subsequently, Warren publicly accused Facebook of being a company that "lie to make money."

In order to prove Facebook's weakness in dealing with "false political advertisements", Warren released a message "Mark Zuckerberg and Facebook just supported Donald Trump's re-election", and Facebook did not do anything to this make up political advertisement. The message just sent out smoothly.

Warren said, "This is a website with more than 85% of social network traffic. It has too much power, but there is almost no competition or accountability. They use our private information to profit and undermine our democratic and competitive environment. "

However, other large technology companies are not as tough as Facebook, but rather to show good will to Warren in advance. According to statistics from the US website OpenSecrets.org, Google's parent companies Alphabet, Amazon, Apple and Microsoft's Staff Council (PAC) have become Warren's largest political donation donors. At the same time, American media CNA's AT&T, Disney and international business machine company IBM (IBM-US) are also the top 20 sponsors of Warren's campaign.

According to the US media VOX report, many American Technology industry even admire Warren very much, because her political views are the most practical and the most serious.

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