March 16, 2020

The Purpose of Panic

Timothy Birdnow

Now we get to the nub of why the media has been pushing full blown panic.

Swooning Stocks Signal Higher Likelihood of Trump Losing Election - Moody's Analytics

U.S. stock market rout triggered by a deadly coronavirus outbreak suggests President Donald Trump is in grave danger of losing the November election, according to a forecasting model by Moody's Analytics, a leading Wall Street research firm.

That's a big change from what the model showed using data from February, when higher stock prices and Trump's steady approval rating pointed to the Republican president coasting to victory with 351 votes in the U.S. Electoral College to 187 votes for a Democratic challenger.

We knew this was what it was about. Now Reuters confirms our worst suspicions.

Posted by: Timothy Birdnow at 11:19 AM | No Comments | Add Comment
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