Stocks Drop Due to Prospect of Trump Victory [MSNBC Live]
Blake Rutherford, a member of Cozen O'Connor's Public Strategies, appeared on MSNBC Live with Ali Velshi to comment on the steady market decline in the days leading up to the election. The trends appear as DOW prepares for the different financial elements proposed by each candidate. Blake suggested that Hillary Clinton’s tax plan will bring the nation irrefutable economic growth. “She’s raising taxes on the highest 1 percent of all Americans. She’s going to take those revenues, she’s going to reinvest them in the American economy. She’s going to invest in infrastructure, she’s going to invest in public health, she’s going to invest in education which is going to lead to economic growth,” Blake assured Ali. He also shared his insight as to why the market is seeing a downfall in anticipation of a Trump presidency. “Why don’t markets like Donald Trump? Markets like stability, they like predictability. Donald Trump is both unstable and unpredictable,” Blake explained. Click here to view the full clip.