Top chief financial officers predict Harris will win the presidency

Craig Nigrelli

TOP BUSINESS EXECUTIVES ARE PREPARING FOR A HARRIS ADMINISTRATION DESPITE A MAJORITY BELIEVING FORMER PRESIDENT DONALD TRUMP IS STRONGER WHEN IT COMES TO THE ECONOMY AND THE KEY ISSUE OF INFLATION, THAT’S ACCORDING TO A SURVEY JUST OUT FROM CNBC.

THE SURVEY FOUND THAT 55 PERCENT OF CHIEF FINANCIAL OFFICERS SAY THAT KAMALA HARRIS WILL WIN THE PRESIDENTIAL ELECTION.  31 PERCENT BELIEVE TRUMP WILL WIN, WHILE 14 PERCENT REMAIN UNSURE.

IT’S A REVERSAL OF HOW BUSINESS LEADERS FELT WHEN JOE BIDEN WAS THE DEMOCRATIC CANDIDATE.   AT THAT POINT, 58 PERCENT FELT TRUMP WOULD WIN. 

THE SURVEY IS SAMPLE OF CFO’S AT THIRTY-ONE LARGE COMPANIES. IT TOOK PLACE AFTER THE PRESIDENTIAL DEBATE, HOSTED BY ABC NEWS. 

THE SAME CFO’S BELIEVE TRUMP WOULD BE BETTER HANDLING INFLATION AND THE ECONOMY, BY A 55-TO-17 PERCENT MARGIN OVER HARRIS.   IN ADDITION TO INFLATION, KEY ISSUES FOR THE CFO’S INCLUDE : INTEREST RATES, TAX POLICY AND REGULATIONS.

EXPANDING OUT TO GOVERNING IN WASHINGTON,  THE CNBC SURVEY FOUND THAT ABOUT THREE-QUARTERS OF RESPONDENTS, OR 74 PERCENT, BELIEVE CONGRESS WILL REMAIN DIVIDED, WITH DEMOCRATS MAINTAINING CONTROL OF THE SENATE AND THE GOP IN CHARGE OF THE HOUSE.