By: Brian Evans
On Saturday, Goldman Sachs released a report that indicated that President Trump has a small electoral advantage, ahead of the 2020 Presidential election! In fact, Yahoo Finance reported that…
President Donald Trump holds a “narrow” electoral advantage heading into 2020, according to Goldman Sachs, with his chances buoyed by a resilient U.S. economy and a crowded Democratic field in which a clear frontrunner has yet to emerge.
In a comprehensive report released late Saturday, the investment bank gave its preliminary thoughts on a general election that’s still more than a year away.
While Trump reelection is far from assured, Goldman’s economists believe the president is bolstered by “the advantage of first-term incumbency and the relatively strong economic performance,” in what is sure to be a “close call” election.
Already, political betting groups have recently given substantial reelection advantages for the President,!
Even more problematic, is the major shift of ideology for the Democrats, as they have not only moved left, they have swung all the way to the Marxist end of the political spectrum, far from the average voters in America! Sachs also noted that…
“While we believe the majority of market participants expect President Trump to win a second term, we note that prediction markets point in the opposite direction and imply that the Democratic candidate has a 56% probability of winning and the Republican candidate has a 44% chance.”
Regardless, in the end, all indications are pointing heavily towards the President, as the economy continues to grow, consumer optimism remains high, and as the President fights for national security, while Democrats vow to push for open borders!