By Daily Wire. With the 2020 presidential election now less than 10 months away, President Donald Trump’s re-election is all but guaranteed, top clients of Wall Street powerhouse Goldman Sachs said last week.
During its Global Strategy Conference in London last week, Goldman Sachs surveyed more than 150 of its clients and found that a whopping 87 percent believe Trump will win re-election in November, according to Business Insider. That, of course, comes despite the president’s formal impeachment last month and upcoming trial this month.
The economy is the leading reason that investors believe Trump will win. Under Trump’s tenure, the stock market has soared to break multiple records, unemployment has fallen to record lows, and wage growth is up. . .
At the time, Goldman’s chief economist Jan Hatzius told CNBC that between Trump’s position as the incumbent — who traditionally has a slight election advantage — and the very strong and surging economy, it is more likely than not that Trump will be a two-term president. (Read more from “Goldman Sachs Investors Are Nearly Unanimous About Trump’s Re-Election Chances” HERE)
Betting Markets View This Democrat as Having the Best Chance of Defeating Trump: Study
By Fox Business. With the U.S. 2020 election months away, betting markets view President Trump’s reelection as the most likely outcome, however, some Democratic candidates have a better chance of unseating him, a new study shows.
According to research from U.K.-based Standard Chartered, which analyzed online betting market data, it is latecomer businessman Michael Bloomberg that has the best chance of defeating President Trump should he secure the Democratic Party’s nomination.
However, his probability of securing the nomination is slightly more than 10 percent. Bloomberg is trailed by former Vice President Joe Biden.
And Bloomberg isn’t a top contender according to most polls. For example, a December Fox News poll found that Biden led the race with 30 percent, followed by Sanders with 20 percent. Bloomberg only had 5 percent. (Read more from “Betting Markets View This Democrat as Having the Best Chance of Defeating Trump: Study” HERE)