Mamdani's Rise to Power Fuels NYC Tax Hikes, Exodus Fears
Bloomberg Television·2025-06-26 10:07
People are worried about this. It is expensive to live in New York is expensive. Live anywhere.It's extra extra expensive to live in New York City. It's fueled this massive swing to the left. And Wall Street's worried. Wall Street's worried.And you usually don't see these kind of market moves on the back of a primary election in a mayoral race. So this is not even the general election, Right. This is a primary to determine who within the Democratic Party will enter that race in November.But I think there's ...