Posted on 06/24/2020 5:13:32 AM PDT by Stravinsky
Financial advisory firm Signum Global Advisors is telling clients that it now believes the U.S. Senate is going to flip blue as presumptive Democratic nominee Joe Biden continues to surge past President Donald Trump in the polls.
In a note to Signums clients, Chairman Charles Myers and senior partner Lew Lukens said that while they were initially convinced Republicans would maintain control of the upper chamber, they have changed their minds and think Democrats are going to take it back.
As Joe Bidens lead over Trump in national and battleground polling has widened, several Senate races have become closer. We are changing our call and now predict the Democrats will take the Senate, they wrote on Tuesday.
The firm has a massive policy and research arm, with its leaders all having experience that ranges from working on Wall Street to government posts in Washington.
Myers was the vice chairman at investment firm Evercore before he founded Signum. Hes currently a financial supporter of Bidens campaign for president. Lukens was a U.S. ambassador under Hillary Clinton when she was secretary of state and also worked on national security under President George W. Bush. They have offices in New York, Washington and London.
(Excerpt) Read more at cnbc.com ...
Gosh, Biden leads Mr. Trump by enormous margins with black and Hispanics, and women and young people. Biden has even drawn even with Mr. Trump among male voters, whites and people in middle age and older groups that have typically been the backbones of Republican electoral success, including Mr. Trumps in 2016.
BTW, did you hear? Respondents were said to be most impressed with Biden's answer on the cold war question:
BIDEN: Stop the cold war future that were talking about. Were talking about a peaceful cold war. What are we talking about?
Those erudite Bidenism are dynamite.
Heck, with leadership like that, Democraps better get ready for a major power grab.
What did they say in 2016? End of story
Nothing is widening. Everyone has chosen already. There may be some movement but slight.
Battle lines are drawn. If the marxists win, it will get ugly b/c we will be forced to fight. If the constitutionalists win, they will fight.
So, it's on. Be ready.
Why do you honestly care? Soon enough some milktoast elitist candidate will come along and take Trumps place and all will be right in your world again
+1
I just watched Chapman University Economic forecast where they had a similar revised forecast on election. IF election was held today it would not be good.
Here’s what I just read from a stock advisory newsletter
Back more than 3 years ago, Bert Dohmen in his Wellington Letter said there would be this type of hysteria just before the 2020 election. He didnt predict the cCovid-19, but did lay out the scenario in which we find ourselves. Heres what he said just this
morning:
“We will see the manufactured start of Hysteria Wave #2. Yes, politically motivated media and politicians will cooperate to assure that the economic deterioration
continues.”
Now dont get me wrong, because this guy is not political in any way . He is all about the stock market.
Now having said that Trump and Senate is in trouble as measured by the more accurate betting odds, see here https://www.realclearpolitics.com/elections/betting_odds/2020_president/
Trump was leading though impeachment, Covid panic, shutdown until the Floyd George and riots, Trump’s tweets are not helping., “shoot if you loot” lost women independents ,which he had before. So we need to work hard,pray and not sit around.
This would not surprise me, since GOP Senators are such weaklings. If they had strongly supported Trump from the beginning their chances would be a lot better.
If it did, he never really had them.
Signum? Apparently a bogus non-entity.
Wanna bet they cater to rich liberal elites that eat up this messaging? Kinda like the NY Times readers are 99.5% liberal elites?
No, what does this Democrat group advise it’s clients to do?
What are the advisors doing with their own portfolios?
Anyone who expects a Biden victory and Dem Senate should dump stocks and bonds immediately. The Dems want the market to tank now, so they can hurt Trump’s re-election now, and leave the market less distance to fall after the election.
Totally agree! Those THIRTY POINT ENTHUSIASM GAPS??? They mean nothing! Listen to a gonif who wants to steal his clients’ money in short selling. These people have no shame.
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