Markets Point to a Trump Victory

Kamala’s out, the smart money is betting on Trump… [The Daily Reckoning] October 30, 2024 [WEBSITE]( | [UNSUBSCRIBE]( Markets Point to a Trump Victory Baltimore, Maryland [Adam Sharp] ADAM SHARP Dear Reader, If you search Google for the latest election news, you might get the impression the race is tied, or even that Kamala Harris is in the lead. USA Today’s coverage, for example, cites a (worthless) national poll which shows Harris in the lead by 1%. They portray various battleground states as “in a dead heat”... “deadlocked”... and “neck-and-neck”. Notorious misinformation outlet MSNBC just published a YouTube video titled, ‘I'm certain Harris will win’: Trump scrambles as James Carville sees electoral blowout for Harris (eye-roll). Markets are telling a much different story. Look at Trump's social media company (DJT), which is up over 200% in the last month. [image 1] Source: Yahoo Finance, 10/29/2024 Interestingly, DJT's market cap briefly surpassed the New York Times (NYT). Note from Adam: this is NOT an official recommendation, the stock has little revenue and is highly volatile. [[WATCH NOW] ELECTION MELTDOWN – YOUR FINAL MOVE]( [click here for more...]( Jim Rickards just went live with an URGENT election briefing, where he dropped an absolute bombshell on his readers. This major change to his election thesis will make you rethink everything you know about the markets. Make sure you are caught up on everything ASAP. This could dramatically change your election plan… your family’s wellbeing… and America’s future. [>> Go Here Now <<]( Despite a sharp pullback today, DJT is still up from $15 to $40 in the last month. On Polymarket, a site which allows users to bet real money on the election, Trump has stormed to a 67% lead vs Harris' 33%. [image 2] Source: Polymarket Polymarket is no small operation that could be easily manipulated. A whopping $2.5 billion has been traded in this presidential race so far. The S&P 500 itself is also trying to tell us something. Look how closely it tracks Trump’s odds on Polymarket. [image 3] Source: Bloomberg, Morgan Stanley Research That is some serious correlation. Big money is betting on a Trump victory. His momentum has accelerated over the past month, as the country's honeymoon phase with Kamala came to a screeching, crashing halt. [“Communism, Mass Starvation & End Of America” If Kamala Wins?]( [Click here for more...]( According to ZeroHedge, “Kamala Harris… May Lead To ‘Communism, Mass Starvation & End Of America’.” That’s why I’m announcing a big new project… to help you prepare for what’s coming. Because if the Democrats were to steal the election, it could mean the end of the country as we know it. [Click Here For The Details]( Markets > Polls In early September when Harris was widely considered the favorite, Jim Rickards wrote an article titled “[DON’T Trust The Polls](. Here’s an excerpt: It’s clear to me that recent polls of the presidential race have been rigged in favor of Kamala Harris in a way designed to maintain a narrative that she’s a young, energetic new kid on the block instead of just another tired old politician with little to offer. A recent example was The Hill, which ran a headline Harris Leading Trump by 7 Points: Poll. Wow. RealClearPolitics had Harris ahead by 1.7 points on the same day. How does that happen? You have to consider the polling methodology to see what’s going on. The Hill headline was based on a poll conducted by Fairleigh Dickinson University. The poll was conducted among “registered voters” using only 801 respondents and the sampling error was plus or minus 3.5 percentage points. Mr. Rickards has been ripping holes in polls since well before 2016 when he predicted a Trump victory in the face of “99% odds” for Hillary, on live TV no less (see the clip in Jim’s updated election presentation for investors, linked below) . Pollsters simply cannot be trusted. I place far more faith in markets. Trump will cut red tape and waste, lower taxes, restore reasonable foreign policy, and drill baby drill. Kamala… not so much. There are good reasons why Donald J. Trump is the market’s preferred candidate. However, we shouldn’t count the win prematurely. There are dirty tricks yet to be played. Just this morning, Jim Rickards explained what’s at stake and how investors can take advantage of the situation. In the live presentation, he reveals a single investment to make before November 5th. I took a full page of notes. If you missed it, for now, you can still [access this updated presentation.]( Markets are shifting rapidly, and this is time-sensitive material. Nobody has covered the election and its implications for investors better than Jim. [Take a look now.]( Good investing, Adam Sharp for The Daily Reckoning [feedback@dailyreckoning.com.](mailto:feedback@dailyreckoning.com) Thank you for reading The Daily Reckoning! We greatly value your questions and comments. Please send all feedback to [feedback@dailyreckoning.com.](mailto:feedback@dailyreckoning.com) [Brian Maher] [Adam Sharp]( has been a financial writer and Fed watcher since 2008. He is a contrarian who specializes in non-traditional assets. Adam founded and sold Early Investing, a newsletter about alternative investments. Sharp lives in Maryland with his wife, two children, and two dogs.. [Paradigm]( ☰ ⊗ [UPDATE PREFERENCES]( [Contact Us]( © 2024 Paradigm Press, LLC. 1001 Cathedral Street, Baltimore, MD 21201. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. 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