A 2nd Term and a 2nd Impeachment – Only in AmericaThe news wires are starting to get interested. The markets less so. No point to get too flustered, as things could get much worse for Trump.
2016 – It Feels Like Yesterday
The Trump clan and Republicans got away with quite an election coup back in 2016. It may not have been the biggest shock, but it was a shock nonetheless and what unfolded throughout most of the 1st term was perhaps even more jaw-dropping.
Collusion with the old enemy? Back in the 1960s, if an American was accused of siding with the reds, they would have been a person non Grata. The Trump may not have officially received any support from Putin but as they say, where there is smoke there is fire…
We could go on, but there’s no point. It really is a broken record and Trump managed to dodge a bullet.
It goes without saying that Trump can’t go knocking on Russia’s door for the 2nd time… Assuming that he had received help, solicited or not, the 1st time around.
That seems to put just one other nation with the means to materially influence the outcome of a Presidential Election.
Rewind to January 2020 and Trump was sitting pretty and looking set for an almost uncontested 2nd term. We even saw his main contender, Bernie Sanders call it a day in April.
Then there was the pandemic and it was not just the pandemic but the management of it. For voters, November is not that far away and the loss of loved ones will still be a painful cross to bear.
Throw in Trump’s disregard for human life in the interest of attempting to reverse an economic meltdown by November… It gets even worse.
How an elected President can have such disregard for human life is astounding and let’s not even talk about the riots…
The Democratic Lifeline
Joe Biden will be licking his lips. The Oval Office door is ajar and the Democrats have the chance of a return to Office. Surely, only Tomfoolery would leave Biden out in the cold…
Another short one. After all, it is really for the Republicans to lose than for Biden to win.
If the latest polls that are flying around are an indicator, it’s going to be a lot closer than 2016. And, I’m sure that Trump will do a little more damage between now and November… After all, there is Twitter, which is quite aptly named.
The College Vote
Alas, there is the college vote and it has thwarted many a popular candidate to become the next U.S President.
What an accolade and yet the voting majority doesn’t decide on the outcome…
Interestingly, both Reuters and CNBC had Biden out in front this week. In fact, Biden was also a nose ahead in the swing states.
Just one more gaff and Biden is in.
As for the global financial markets, Biden seems to have received a nod of approval, albeit a slight one.
We haven’t seen any panic over the prospect of a Biden victory.
For those of us who cover the markets, however, it will be a shame not to be able to cover Trump and all his antics… Maybe Trump Jr will entertain us down the road…
For the hardliner Republicans, a 2nd impeachment? Well, that would be a legacy to behold.