The Briefing Room
General Category => Economy/Business => Topic started by: mystery-ak on February 28, 2020, 12:56:07 am
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Goldman Sachs warns of Trump election loss if coronavirus tanks US economy
by John Gage
| February 27, 2020 07:08 PM
Goldman Sachs analysts predict that President Trump may lose the 2020 presidential election if the stock market continues to go down because of the coronavirus.
"If the coronavirus epidemic materially affects U.S. economic growth, it may increase the likelihood of Democratic victory in the 2020 election," analysts for the company said in a report released Wednesday.
Janet Yellen, the former head of the Federal Reserve, also warned the coronavirus could lead to an economic downturn.
"It's just conceivable that it could throw the United States into a recession," she said.
more
https://www.washingtonexaminer.com/news/goldman-sachs-warns-of-trump-election-loss-if-coronavirus-tanks-us-economy (https://www.washingtonexaminer.com/news/goldman-sachs-warns-of-trump-election-loss-if-coronavirus-tanks-us-economy)
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Goldman Sachs warns of Trump election loss if coronavirus tanks US economy
by John Gage
| February 27, 2020 07:08 PM
Goldman Sachs analysts predict that President Trump may lose the 2020 presidential election if the stock market continues to go down because of the coronavirus.
"If the coronavirus epidemic materially affects U.S. economic growth, it may increase the likelihood of Democratic victory in the 2020 election," analysts for the company said in a report released Wednesday.
Janet Yellen, the former head of the Federal Reserve, also warned the coronavirus could lead to an economic downturn.
"It's just conceivable that it could throw the United States into a recession," she said.
more
https://www.washingtonexaminer.com/news/goldman-sachs-warns-of-trump-election-loss-if-coronavirus-tanks-us-economy (https://www.washingtonexaminer.com/news/goldman-sachs-warns-of-trump-election-loss-if-coronavirus-tanks-us-economy)
Righty ... O. I think we all pretty much know that possibility is becoming more and more likely.
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Yeah this virus is all Trump's fault....hey why not impeach him... :shrug:
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Righty ... O. I think we all pretty much know that possibility is becoming more and more likely.
Don't confuse the stock market with the overall economy. There are troubles with this, yes, affecting the "supply chain." Don't be spooked.
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Wall Street reflects market fundamentals.
If it's erosion continues, Trump will lose in
an epic landslide!!!!!!!!!!!!!!
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Wall Street reflects market fundamentals. If it's erosion continues, Trump will lose in an epic landslide!!!!!!!!!!!!!!
Gee ... I guess it's too bad for you this virus broke out at the end of February instead of the end of September. But keep your fingers and toes crossed for ... oh, I don't know .... maybe nuclear war in October and your wet dream could still come true. 88devil
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Wall Street reflects market fundamentals.
If it's erosion continues, Trump will lose in
an epic landslide!!!!!!!!!!!!!!
And then the Communists (yeah, Socialists, whatever) will take it all.
You know, there's always plenty of time to panic later.
(13 exclamation points? Dood, get a grip...really.)
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If the COVID-19 situation starts to get worse here (granted, it's not all that bad yet), it may certainly cut into Mr. Trump's victory margin.
I still think he'll win, however.