Cathie Wood says she will vote for Donald Trump in election

Trump's proposed economic policies for his potential next term include aggressive tariff hikes, tax cuts, and cheap money policy1. He has pledged to raise tariffs by 10% on imports across the board and push them even higher for China and Mexico. Trump also wants to extend his first-term tax cuts and has signaled his intent to replace Federal Reserve Chairman Jerome Powell and then pressure the next Fed chair to lower interest rates.

Wall Street CEOs initially distanced themselves from Trump after the Capitol riot. However, they have gradually warmed up to him again, recognizing his popularity among Republican voters and potential impact on the economy. Some CEOs remain wary of his protectionist trade policies, but others see him as a supporter of business growth and economic stability.