Quantcast

REPORT: Goldman Sachs Investors Believe Trump Will Win 2020

‘Everywhere you look right now, it’s Goldilocks, an economy that’s in really good shape and no inflation to speak of and very, very low interest rates…’

U.S. Economy Continues to Grow as Trump Enters His Third Year 2
IMAGE: geralt (CC) via Pixabay

(Claire Russel, Liberty Headlines) A large majority of Goldman Sachs investors believe President Donald Trump will win reelection in 2020, crediting the strong economy and stable stock market.

During its Global Strategy Conference in London last week, the Wall Street powerhouse surveyed more than 150 of its clients and found that more than 87 percent of its investors believe Trump will defeat his Democratic opponent.

Despite the Democrats’ impeachment efforts, Trump’s strong handling of the economy will help him among independent voters, the investors said, according to Business Insider.

...article continued below
- Advertisement -

Last year, Goldman Sachs said Trump’s reelection would be a “close call,” according to CNBC. But now, only 5 percent of investors expect an economic recession this year, and the stock market has broken multiple records while unemployment has fallen to record lows.

“Everywhere you look right now, it’s Goldilocks, an economy that’s in really good shape and no inflation to speak of and very, very low interest rates,” Greg Valliere, chief U.S. policy strategist at Canada-based AGF Investments, told Fox Business.

“The bottom line for the markets is that the impeachment story has been background noise and not much more,” Valliere said.

The Wells Fargo Investment Institute also said the stock market’s success could spell good news for Trump, though it’s still too early to tell.

...article continued below
- Advertisement -

“In years when the incumbent party wins the presidential election, the equity market rally has been stronger than for the average of all U.S. election years,” the institute said.

And Brendan Greeley, the U.S. economics editor for Financial Times, concluded that though Trump “will face many obstacles to his reelection … the economy will not be one of them.”

Trump has vowed that “The best is yet to come!” while touting his economic success.

“As we begin the new year our economy is booming,” he said at an Ohio rally earlier this month. “Wages are soaring, workers are thriving and America’s future has never, ever looked brighter.”

- Advertisement -

TRENDING NOW

Hunter Biden Had Scheme for SeaWorld Parks in China, Funded by Communist Gov’t

Part of Hunter Biden’s business plans in China included proposals to build SeaWorld theme parks in the country, and to get the Communist government...

WHISTLEBLOWER: Amazon Forces Employees to Confess ‘Unconscious Racial Bias’

Amazon regularly forces its employees to confess their “unconscious racial bias” in meetings with other employees, according to a company whistleblower. About once a month,...

Oklahoma Gov. Signs Law to Protect Drivers Who Hit Rioters Blocking Roadways

Oklahoma's Republican Gov. Kevin Stitt signed a bill on Wednesday to grant protection to drivers who accidentally hit rioters obstructing the roadway. HB 1674 applies...

BLM Hustler Patrisse Cullors Under New Fire for Delinquent ‘Charity’ Disclosures

A 'charity' prison-reform group started by Patrisse Cullors---the race-hustling, Marxist co-founder of Black Lives Matter---has received several warnings from California officials after failing to...

GOP Congressmen Pledge to Refuse Funds from Big Tech

Rep. Ken Buck, R-Colo., announced the Pledge for America on Wednesday, urging GOP lawmakers to refuse campaign donations from Big Tech companies that oppose...

Impeachment Investigators Received Hundreds of Tips About Cuomo’s Conduct

Investigators seeking to determine whether New York Gov. Andrew Cuomo should be impeached said the hotline they set up has received more than 200...

BOONDOGGLE: L.A. Taxpayers’ $1.2B Bond to House Homeless is a BIG Failure

(Christopher F. Rufo, RealClearInvestigations) In 2016 influential political leaders, activists, and media outlets in Los Angeles said they had a simple solution to homelessness: build...

Blue State Govs. Urge Businesses to Speak Out Against Election Laws

(David Bass, Carolina Journal) North Carolina Gov. Roy Cooper is leading a nationwide effort in cooperation with Michigan Gov. Gretchen Whitmer to encourage business leaders...

Black Leaders Defend Ga. Election Law Against ‘Outrageous’ Jim Crow Comparisons

Nearly two dozen civil rights leaders and black conservatives defended Georgia’s new election-integrity law and blasted the Leftists comparing it to the Jim Crow...
- Advertisement -