Monday, April 15, 2019

Near Goldilocks Economy Gives Trump an Edge in 2020, Suggests Wall Street Firm

By CCN: Brace yourselves for six more years of MAGA. One of Wall Street’s oldest investment banks, Goldman Sachs, is betting on Donald Trump in 2020. Goldman economists have predicted that President Trump has the advantage, albeit a narrow one, over any Democratic candidate. While the Dow Jones Industrial Average was down fractionally today, it’s up a staggering 13% year-to-date, which bodes well for Trump’s chances. It’s the Economy, Stupid Donald Trump has a few things going for him, not the least of which is the incumbent advantage, which according to Bloomberg can add between five and six percentage points

The post Near Goldilocks Economy Gives Trump an Edge in 2020, Suggests Wall Street Firm appeared first on CCN



source https://www.ccn.com/near-goldilocks-economy-gives-trump-an-edge-in-2020-suggests-wall-street-firm

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