'DISASTROUS': Market expert sounds the alarm on Kamala Harris' tax plan

Matson Money CEO and founder Mark Matson discusses rising U.S. debt and whether Fed rate cuts will help the economy on 'Varney & Co.' #foxbusiness #varney

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York - the business capital of the world - FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

[CynthiaGoodhead]

Hallelujah The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49, 000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11, 000 and got my payout of $290, 500 every month…God bless Mrs Susan Jane Christy ❤️

[BenTodd-flnv]

The campaign shenanigans from both the red party and blue party is exactly what is stirring up this market panic. I have a little over 250k i wanted to put in the markets but I don’t know what direction to head now.

[CallMeDr.T.]

The next president will need to tackle 35 trillion of debt. It's almost uncontrollable, but it will need to be attempted.

[mtglox]

Seen a lot of crocks of it, but this takes
the political cake.

[TC-txgt]

None of our politicians know how to improve our economy, but just keep on spending, borrowing and mixing up everything.

[GMCTIM]

You will have NOTHING and like it with Ms. Jezebel !

[shammusomalley]

The "Taxing" of unrealized gains will disincentivize the holding of assets long term. What does that mean? More volatility in the stock market, and a net selling event as investors look to exit those positions.

[snapfinger]

The blunt truth about the politics of a rate cut & a house of cards debt w/ interest.

[jennmcdavitt]

HOW DO YOU PEOPLE NOT KNOW HOW BAD IT IS!

[edwardolopaz]

It’s not a democrat or republican issues it’s SAVING THIS COUNTRY Only American people can save America 98% Americans are not waking up when comes to voting. And walking around like phone zombies with no self-awareness at all

[HappyDinosaurFossils-xfzw]

Actually the Fed does set the interest rates.

[iandresari]

tax on unrealized capital gains? No thanks, Kamala

[Lindaraylong]

The tax on the houses will make me lose my house.

[grahamspencer]

Truth Social has managed to lose 75% of it's value, about $3.5 billion, in just six months. ONE COMPANY. Why don't we get the owner in then to run our entire economy. Who's idea was that and what were they smoking/drinking at the time

[sivakumaran]

Markets expect 50bps economy expects 500bps

[Phillip-yd]

Tarrifs ! God Bless *president* Trump 💕

[hanaisalontan]

Dow SETTING RECORDS with Historic lows in unemployment. Bad economy ?? This guy is a joke !!

[FlorenceWeaver-vb]

Wakeuppeople.This is aboutourcoutry ot race or gender.compleye failue waje up people

[seeekerman]

WE NEED TO PROTECT TRUMP! PLEASE! SAVE AMERICA FROM THE DEMOCRATS! USA! USA! USA!

[tomscience]

Inflation under Trump: 1.45%
Inflation under Biden Harris: 21.5% and rising if Harris is elected.