US Election 2024: how us election affect Indian stock market

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US Election 2024: how us election affect Indian stock market

US Election 2024: November 5, 2024: November 5 is the date, and it’s the most important day for the United States. The people of America are going to vote today for their new president. It’s between former President Donald Trump and Vice President Kamala Harris. This election is significant for the U.S. as well as for other countries in the world like India.

 

Why Donald Trump Might Win in US Election 2024: Five Reasons to Explain It

1. Swing States Are Leaning in Trump’s Favor

In the U.S., it tends to influence swing states-the states that have the potential to swing one way or another for the Democratic or the Republican Party-to determine the course of an election. While in India, up until recent times, elections have often traditionally been decided by regional dominance of parties; there is the rather strange system in the U.S. where a few states are deemed “up for grabs.” The outcome of the election is thus usually decided by swing states such as Arizona, Michigan, Pennsylvania, and Wisconsin.


Recent polls indicate the momentum is with Trump at least in a few swing states. Although Joe Biden and Kamala Harris would probably have lots of passion places like California or New York, the swing states Florida and Georgia hold such an enormous lead for the Trump campaign. If key states are won by majorities by Trump, of course, he will win the presidency.

2. Early Voting Trend Favors Trump

Unlike India, U.S. elections often have early voting that begins weeks or even months before Election Day. As of now, around 75 million Americans have already cast their votes, and early voting trends indicate that Republican voters, particularly those supporting Trump, are showing up in higher numbers. US Election 2024.


If this trend continues, it may bode ill for the general election outcome, as Trump has placed himself better based on strengthened early voter turnout than on the Democratic side.

3. Immigration Issue: A Sharper Stance

Immigration has now become a tough issue to address during the U.S. elections, and Donald Trump made it one of the focus points of his campaign. Recent immigration, mainly illegal, from Latin America, the Middle East, and Africa, has elicited concern and heightened discomfort among many Americans living especially in rural areas. Many Americans continue to lament over how illegal immigrants are stealing jobs and utilizing public resources that would have been reserved for legal American citizens. US Election 2024.

 


Trump has taken hardline immigration positions and has pledged to create a more impenetrable border, to stem illegal immigration, and to withdraw the citizenship given some of those who entered the country illegally. Such toughness is appealing to most voters as it can mark the only guarantee for preserving America’s jobs and resources.

In addition, the Trump campaign has spent far more on immigration-related ads and outreach than the Democratic Party. This further cements him as the candidate who will “fix” America’s immigration problems, further appealing to conservative voters.

4. Foreign Policy: A New Direction Away from Interventionism

Foreign policy has always been a very significant feature in the presidential elections. Trump, in fact, reflected most of the American people’s sentiments and mood-long wars overseas. At present, the Biden administration will continue to give support to the war between Ukraine and Russia for it can stop such situation since the majority of the Americans would feel that their dollar money is going there while other domestic problems such as unemployment are left untouched. US Election 2024.

He promised, if re-elected, that he would reduce the presence of the U.S. military in foreign conflicts and bring home troops. His “America First” policy has proven to be a rallying point for many, particularly for those who believe that America should be focused on her own problems rather than investing resources in foreign problems.

This foreign policy shift appeals to a majority number of the voters who are disappointed by the continued wars and military spending. This in turn is also one among the reasons that make this candidate an attractive one in the eyes of the electorates who support isolationism. US Election 2024.

 

 5. Economic Issues and Rates of Unemployment

No election would be complete without discussions over the economy, and it’s the economy that is being thrown to the forefront of all things in 2024. The U.S. has experienced some economic woes such as rising inflation, increasing unemployment, and stagnant wages. Though the Biden administration has focused on stimulus packages and social safety nets, most Americans do not think that the economy has fully recovered.

On the other hand, much was made of his success during his first term about having improved the US economy. His unemployment rate during his first term was at all-time lows, and the stock markets performed well. So, with inflation and increased costs still a reality for most Americans, Trump’s economic policies based on tax cuts, deregulation, and job creation are finding favor. US Election 2024.

Many people believe that a renewed return of the economic policies of Trump will ensure a greater and prosperous America, hence making him the best candidate for those worried about their future economically. US Election 2024.

The 2024 United States Presidential Election is going to be very competitive although Kamala Harris and Joe Biden have strongholds; however, Donald Trump has advantages on his side that may make it easier for him to clinch victory. From the ardent support he receives in pivotal swing states to his uncompromising immigration stance and vow to restore economic growth, a considerable percentage of the population finds something appealing about this man. As Election Day draws closer, we see the contest is still neck-to-neck; however, here are the five reasons why Trump stands tall today. US Election 2024.

US Election 2024: how us election affect Indian stock market

Let’s wait for further development in the 2024 U.S. Election situation.

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