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Wall Street and other financial heavyweights have placed enormous bets on the 2024 election. Billionaire Paul Tudor Jones has said he will pull out of markets completely in the event of a Harris victory, while Elon Musk has said Warren Buffett’s recent selling spree is for the same reason. 

Generally, a Trump victory is considered good news for oil and gas stocks, as well as banking companies that would benefit from looser regulations and lower corporate tax rates. A Harris victory would juice clean energy stocks and healthcare companies.

But it’s important to remember that there’s often a big gap between what a candidate promises on the campaign trail, and what he or she actually accomplishes in office. For instance, President Trump didn’t fully repeal Obamacare, while President Biden only canceled a fraction of the student debt he promised to.

But as it turns out, there’s one sector that both Democratic and Republican Presidents boost in office. And both candidates have pledged to spare no expense to help it thrive in the years ahead.

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