Swooning stocks signal higher likelihood of Trump losing election – Moody's Analytics

The U.S. stock market rout triggered by a deadly coronavirus outbreak suggests President Donald Trump is in grave danger of losing the November election, according to a forecasting model by Moody’s Analytics, a leading Wall Street research firm. A drop in the Standard & Poor’s 500 stock index to 2,500 points – roughly Thursday’s closing level – would signal enough economic anxiety to cost Trump the election, Bernard Yaros, an economist at Moody’s Analytics, said on Friday. …read more

Source:: Yahoo Finance

      

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