The stock market crumbling to 1987 levels has sealed Tang man’s fate in November
He’s finished
Stock market rout signals defeat for Trump in November
He’s finished
Stock market rout signals defeat for Trump in November
The stock market is a more powerful presidential re-election indicator than gross domestic product, inflation and the unemployment rate combined. That was the key finding of a 2012 paper by our team at the Socionomics Institute. And it is currently bad news for Donald Trump.
Our study examined every presidential reelection bid going back to George Washington’s run for a second term in 1792. Regardless of whether we studied elections from the 18th, 19th, 20th or 21st centuries, the stock market remained a reliable, powerful and significant indicator of presidents’ fates at the ballot box.
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