Will Kamala Crush Kroger?
Portfolio Pulse from David Pinsen
Vice President Kamala Harris proposed measures against price gouging by grocery chains, which could impact companies like Kroger. Concerns arise over potential price controls, which historically led to shortages in other countries. Kroger operates on thin profit margins, and investors are advised to consider hedging against political risks.
August 26, 2024 | 4:00 pm
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Kroger may face regulatory challenges if Kamala Harris's proposal on price gouging leads to price controls. This could impact its thin profit margins, prompting investors to consider hedging strategies.
Kamala Harris's proposal to crack down on price gouging could lead to price controls, which historically have caused shortages and economic issues. Kroger, operating on thin profit margins, could be adversely affected if such measures are implemented. Investors are advised to consider hedging against potential political risks.
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