A Sanders victory in New Hampshire (Feb.) ) could spiral into an upset win in Nevada (Feb. 48), where he only trails by 3.5 points in the latest RCP average .
That would put Joe Biden in a precarious position when South Carolina – his southern stronghold – votes on Feb. .
One place where the primary race is (not) close is the betting markets. Sanders is trouncing Biden on prediction platform PredictIt.
Donald Trump is universally viewed as the most investor-friendly candidate, and his administration has already begun to tease a second round of tax cuts that the president claims would boost economic growth – and the stock market.
Given his ties to the financial establishment, Wall Street would be relieved if Michael Bloomberg ran the table . “Moderates” like Joe Biden and Pete Buttigieg would likely take a conventional Democratic approach to the economy as well.
Bernie Sanders, on the other hand, is not Wall Street’s dream candidate. According to some stock market analysts, a Sanders presidency would be more like a nightmare .
Presidential elections are always risk events for equities. But a Trump-Sanders showdown could magnify that volatility to historic proportions.
This article was edited by (Sam Bourgi) .