NYC’s NYC victories leaves Wall Street ‘alarmed’ and ‘depressed’

Saying Wall Street will not be a fan of Zohran Mamdani.

In fact, Apple is a high-class socialist democratic that won the democratic socialist who won as important as the Mayor of New York city. The potential victory of three experts of the General Election of November can lead to the hatred street – tax hiking and narrower regulation, threatening corporate and investment interests.

Philippe Laffontz, the founder of Hedge Function Coatue Management CNBC told Mamdan a profit that could be created another exudus of the rich investors. Pandemia, a wave of rich neighbors and institutional companies escaped the largest nation-city for low tax states like Florida and Texas.

“Some, for sure, go,” Leftfonte said in CNBC “Squawk Box“Wednesday, the former governor of Andrew Cuomo New York approved the democratic appointment.” It’s still not quite done. There are still elections. Maybe it will be included as independent cuomo. “

Mamdani is emphasizing socialism and redistribution of wealth in the wall street, thanks to capitalisms and policies that protect growth, such as derregulation and low taxes. 33-year-olds are taxed by ultra-rich transactions such as dividends, financial and passive income. He has also approved state wealth tax and increased tax rates of marginal income taxes in high winners.

Hedge Funce Bill Bill Ackman said that Wednesday’s “slightly depressed” woke up through the victory of Mamdani. Persing Square head said he is looking for logistics of another candidate, not he, to run.

Lawrence Summers, the Secretary of Finance at the University of Harvard and the President also stated the candidacy of Mamdan.

“I am very worried about (the democratic committee) and the country, in fact, a global” globalization “slogan and refused to trotskyite economic policies by candidate and the country.

“Suicide mayor”

A part of the stock market has already felt pain from the prospecting of a mamdani-led nyc. New York regional bank shares (BlagstarWith Exposure to New York Real Estate Market, almost 4% sunk on Wednesday. Office-oriented real estate stocks also suffered SL green reality More than 6% and down Vornado Confidence in reality almost 7% down.

Mamdani defends for universal rental control and the mayor of New York City has the power to represent the regulatory table that supervised and rented stabilized apartments for rental. Increasing rental interruptions would hurt the profits of multi-family rental properties.

Little and few One million New York City apartments are stabilized for rentals But only about 20,000 are controlled.

“NYC seems to choose Mayor for suicide,” said Jim Bianco, President of Bianco Research and Macro Strategist, X Tuesday evening on Tuesday.

‘It’s a feeling of terror’

The solution of most problems is based on the ideological commitment of taxpayers, which Kathryn Wylde said Kathryn Wylde, President of the New York City Cooperation, created by David Rockefeller in 1979.

“Fear is a feeling,” Wylde said CNBCN Tuesday morning Voters were directed to surveys, but “he stated that he is a lot of positive in New York. But this could quickly change if we lose the mayor’s trust.”

Wylde said the state government, aimed at Kathy Hochul, should keep the city “disaster” on stage. He recognized concerns about the great cost of living and doing business, but said that raising taxes is not a solution.

Some of the strongest support from Cuomo came from Eastern East Manhattan, between the winners and business titles of New York City. Former Secretary of the Department of Clinton Administration and urban planning was received by more than seven first two votes in this neighborhood, according to several Related press Wednesday data.

In 2013, the profit of Bill de Blash also sparked anxiety among financial elites, but he could alleviate fear before the business leaders take place before the reforms take place.

“We’ve been eight years old. New York is very strong. I hope” Laffonten said.