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2016 Postmortem
Related: About this forum"Wall Street may not get the president it wants, Hillary Clinton"
Clinton's White House chances are dwindling. Here's why that's a market negativeby Leanne Mille
CNBC
May 29, 2016
That data and recent events suggest that Wall Street, which currently prefers former Secretary of State Hillary Clinton to real estate mogul Donald Trump, may not get the president it wants. According to the Iowa Electronic Markets, a prediction online betting platform, the probability that we'll see a Democrat take the White House in 2016 is shrinking fast.
"The Democratic candidate was all but a certainty to win the presidency less than a month agoit was at 74 percent and it's down to 58 percent today," said Hickey.
Clinton's chances have dwindled as her campaign stumbles under the weight of a controversy over her use of a private e-mail server while in office, as well as a stiff challenge from Vermont Senator Bernie Sanders.
Hickey notes that other betting markets have shown similar but less extreme declines in those odds. Betfair, another popular betting market, shows Clinton's chances dropping from 75 percent to 66 percent.
http://www.msn.com/en-us/money/markets/clintons-white-house-chances-are-dwindling-heres-why-thats-a-market-negative/ar-BBtCqsG?li=BBnb7Kz&ocid=iehp
"The gap is narrowing," said Hickey. "What everyone thought was impossible a few weeks ago, is less and less unlikely now."
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"Wall Street may not get the president it wants, Hillary Clinton" (Original Post)
imagine2015
May 2016
OP
At least she'll be on the ballot. That's more than we can say about Sanders....LOL
Trust Buster
May 2016
#2
grasswire
(50,130 posts)1. which is precisely why she needs to step aside right now. nt
JRLeft
(7,010 posts)4. Key word "may" not. She will definitely represent its best interest.
annavictorious
(934 posts)6. Sorry, but it's not her job
to step aside for a less qualified candidate who didn't win, even if that candidate is a man.
grasswire
(50,130 posts)7. oh, play that WOMAN CARD!
Geez. Got nothin' else, apparently.
Trust Buster
(7,299 posts)2. At least she'll be on the ballot. That's more than we can say about Sanders....LOL
Waiting For Everyman
(9,385 posts)3. Who could've seen that coming?
(And guess what? There's much worse still in the queue.)
TwilightZone
(25,471 posts)5. Well, no shit.
Historically, the economy and the stock market almost always do better under a Democratic administration, so Wall Street would want a Democrat in the office, regardless of who it is. This isn't rocket science.
If Trump and his "third-grade economics" win, expect a crash:
http://www.marketwatch.com/story/stocks-will-get-pounded-if-trump-elected-president-warns-wedbush-trader-2016-03-15
nadinbrzezinski
(154,021 posts)8. The weather forecast calls for
Shitstorm and it is self inflicted