‘Unabashed’ capitalist Kevin O’Leary: ‘I don’t think Biden is going to hurt the markets at all’

‘Unabashed’ capitalist Kevin O’Leary: ‘I don’t think Biden is going to hurt the markets at all’

Kevin O'Leary told CNBC on Thursday that he does not believe Democratic presidential nominee Joe Biden would impair the stock market if the former vice president were to defeat President Donald Trump in November. "I don't think Biden is going to hurt the markets at all if he gets elected. His hands are tied," the "Shark Tank" investor and O'Shares ETFs chairman said on "Squawk Box."O'Leary suggested that addressing the economic damage created by the coronavirus pandemic will have to be front and center should Biden get elected, therefore inhibiting action on legislation that may otherwise be Democratic priorities. "All of these 'wonderful ideas' about green this and green that, none of that's going to be implemented nor are corporate tax hikes because he's got to keep people employed," O'Leary said.Biden has said