September 11th 2024.
The morning after the first debate between Vice President Kamala Harris and former US President Donald Trump, there is much speculation about whether Trump will agree to a rematch. In an interview with 9News, Trump, the Republican nominee, expressed that he gave his best performance yet and rated it close to a 10 out of 10. He also mentioned that it was his seventh presidential debate, making him the candidate with the most debate experience in history. However, it remains uncertain if there will be an eighth debate between the two.
Various TV networks are eager to host another debate in October, but it seems like Harris' campaign is the only one ready for a rematch. After her strong performance in the first debate, Harris' team immediately agreed to a second debate with Trump. On the other hand, Trump is not making any commitments yet. In a phone interview with Fox News, he stated, "When you win the debate, I don't know if I want to do another one."
During a conversation with the hosts of Fox & Friends, Trump made some remarks about Bret Baier and Martha MacCallum, who are being considered as potential moderators for the next debate. He expressed that he wouldn't want them as moderators and suggested Sean Hannity, Jesse Watters, or Laura Ingraham instead. However, it is unlikely that any of Fox's primetime stars, who are known more for their entertaining personalities than their news coverage, will be chosen as moderators for a general election debate. So, if these are the only options on the table, it's safe to say that there won't be another debate.
Despite Trump's reluctance, his senior advisor Jason Miller claimed on CNN that Trump has already agreed to participate in three debates. Miller also blamed Harris for avoiding discussions about a possible September 25 debate hosted by NBC. However, the Harris campaign is more focused on the upcoming vice presidential debate between Tim Walz and JD Vance, which is scheduled to take place on October 1 and will be hosted by CBS. After the first debate, Harris' campaign spokesman Brian Fallon said, "That was fun. Let's do it again in October." This shows their confidence in Harris' performance and their willingness to have a rematch with Trump.
Meanwhile, NBC and other networks are ready to host another debate between Harris and Trump in October. Trump, on the other hand, has criticized ABC for fact-checking him in real-time during the first debate. He even suggested that their broadcast license should be revoked for their "dishonest" conduct. Trump also claimed that the debate was "three against one" and called ABC the most dishonest news organization. Despite his complaints, it seems like Harris successfully threw Trump off his game during the debate.
While Trump may have been confident in his performance during the debate, Wall Street was less convinced. Trump's social media business, Trump Media and Technology Group, saw a significant drop in its share price following the debate, with a 10% decrease in pre-market trading. This drastic fall is believed to be a result of Harris' successful performance, which was a stark contrast to Biden's disastrous performance in the June debate. Initially, Trump Media's share price spiked after the debate, but it eventually ended in the red. Some experts believe that Trump Media has become a way for traders to bet on the former president's political fortunes and his chances of returning to the White House.
The value of Trump's stake in the company has also taken a hit in recent months, dropping from $6.2 billion in May to $1.8 billion based on the premarket trading price on Wednesday. According to Matthew Tuttle, CEO of Tuttle Capital Management, the market perceives Harris to be the winner of the debate, which is evident in the shifts in her favor in the betting markets. Despite a slight rally in the stock price leading up to the debate, Trump Media has struggled in recent months, losing nearly half of its value since Biden's withdrawal from the race for the White House in July.
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