Come November, voters in the United States will have to choose between two starkly different candidates.
Donald Trump is a conservative, white, male baby boomer who became President with promises to build a wall with Mexico. Kamala Harris is a liberal, multi-racial GenXer who prefers the pronouns “she/her,” was apparently never the Border Czar and does not believe the U.S. is facing an immigration crisis.
The candidates have vast disagreements across the spectrum and especially on economic policy. Nowhere are these policy differences more extreme than in the energy space.
Investors in the energy sector and related businesses have a lot on the line when it comes to who will be the next President.
While Trump clearly has a much more favorable attitude towards the fossil fuel industry, one of his top priorities is to bring fuel prices down, which complicates the investment outlook.
In the latest 76report, we discuss the energy positions of each candidate and the investment implications of either one winning. We look at oil and natural gas markets in a historical context and explain how energy stocks are likely to perform in either scenario.
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