> GOLDMAN SACHS: TRUMP RE-ELECTION LIKELY (Now is the time for libfuqs to kill themselves!)

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Diarrhetrius Brown
#1 2019-04-14 18:29:08

GOLDMAN SACHS: TRUMP RE-ELECTION LIKELY (Now is the time for libfuqs to kill themselves!)

I know, Goldman Sachs is saying "narrow" electorial advantage but we all remember 2016 when Trump had a below ZERO change of winning?

Phil?

https://finance.yahoo.com/news/goldman- … 04077.html

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.

Trump’s approval ratings remain mired below 50%, as new crises appear to engulf his administration on a near daily basis. Meanwhile, early reads on the November 2020 ballot suggest the incumbent faces an uphill climb in his reelection bid.

Yet with more than 20 Democrats vying to replace him, voter turnout uncertain and the likely emergence of an independent candidate suggest that “President Trump is more likely to win a second term than the eventual Democratic candidate is to defeat him,” Goldman wrote.

“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,” the bank said.

Political betting markets have shown mixed results, with a few recently showing a clear reelection advantage for Trump, while others predict a Democratic win.

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Towbar Zealot
#2 2019-04-14 21:36:44

Re: GOLDMAN SACHS: TRUMP RE-ELECTION LIKELY (Now is the time for libfuqs to kill themselves!)

The Dems are not a national party any more. They couldn't care less about the economy, just about pandering to SJW crazies and shrieking on cable news.

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.
#3 2019-04-15 00:54:56

Re: GOLDMAN SACHS: TRUMP RE-ELECTION LIKELY (Now is the time for libfuqs to kill themselves!)

Is this going to cost taxpayers over $1B, like the last time Goldman Sachs was wrong?


We're still too big to fail.
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#4 2019-04-15 01:18:24

Re: GOLDMAN SACHS: TRUMP RE-ELECTION LIKELY (Now is the time for libfuqs to kill themselves!)

It's a bank. They should be fined for offering political predictions. They are just attempting to social engineer something that will be t their advantage.

And that, is not the role, of banks.

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SamplesBoi
#5 2019-04-15 01:27:15

Re: GOLDMAN SACHS: TRUMP RE-ELECTION LIKELY (Now is the time for libfuqs to kill themselves!)

. wrote:

It's a bank. They should be fined for offering political predictions. They are just attempting to social engineer something that will be t their advantage.

And that, is not the role, of banks.

They are making predictions because what happens there can make or break their customers.  It's a service to their customers well within services expected from an investment bank.

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