The polls and betting markets have suddenly shifted to favor Kamala Harris as the next President of the United States.
This is laughable. No major event has happened that would shift the election odds so rapidly. A mere week ago, former President Donald Trump had a 60% change of winning. Nothing has changed, no major scandal has erupted, and no voters have changed their minds.
If you don't believe me, consider what the stock market is telling us.
Donald Trump is the ultimate stock market cheerleader. By way of contrast, Kamala Harris has proposed raising capital gains taxes. Do you think stocks would be in a roaring uptrend if they thought Kamala Harris was about to win the Presidency?
Similarly, Donald Trump made his fortune in real estate and wants the Fed to cut rates aggressively to foster a housing boom. Meanwhile, Kamala Harris has suggested policies that would lay the foundations for a federal real estate tax. Do you think the real estate sector would be preparing to break out of a two year bear market if it thought Kamala Harris was about to win?
Finally, Donald Trump and the insiders in his inner circle LOVE Bitcoin. Heck, Trump spoke at a Bitcoin conference without two weeks of being shot (a clear indication of how strongly he believes in it). Meanwhile, Kamala Harris and the Democrats are against crypto currencies. Do you think Bitcoin would be breaking out of a bull flag and hitting new all time highs if it thought a Harris administration was in the cards?
Ignore the "experts" and polls. Both are susceptible to corruption and statistical gimmicks. The markets are smarter and better at predicting the future. And the markets are sending clear signals that Donald Trump will be the next President of the United States.
Smart investors are preparing for this now.
On that note, we just published a Special Investment Report detailing all of this, as well as the #1 investment to own during Trump’s 2nd Term.
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Best Regards
Phoenix Capital Research
PS. for those of you who are interested in more details concerning what a Trump win would mean for the markets, our Chief Market Strategist, Graham Summers, MBA recently hosted a webinar addressing this situation, including his upside target for stocks during the next four years, which stock market sectors will outperform, which sectors will decline, and more.
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