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Hedge Fund CIO: The Election Is Now Anyone's Guess As Democrats Will Almost Certainly Replace Biden

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by Tyler Durden
Monday, Jul 01, 2024 - 10:30 AM

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By Eric Peter, CIO of One River Asset Management

“Nothing in our manifesto requires tax rises, over and above the ones we’ve already set out,” said Keir Starmer. “It’s not just a question of tax, it’s also because the focus is on growth,” added the Labour Party candidate, quite likely to become the UK’s Prime Minister.

Let’s hope for Britain’s sake he means that, because there’s not a single G7 economy that’s going to get out of this debt debacle without focusing on boosting growth.

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