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With the 2020 presidential election now less than 10 months away, President Donald Trump’s re-election is all but guaranteed, top clients of Wall Street powerhouse Goldman Sachs said last week.

During its Global Strategy Conference in London last week, Goldman Sachs surveyed more than 150 of its clients and found that a whopping 87 percent believe Trump will win re-election in November, according to Business Insider. That, of course, comes despite the president’s formal impeachment last month and upcoming trial this month.

The economy is the leading reason that investors believe Trump will win. Under Trump’s tenure, the stock market has soared to break multiple records, unemployment has fallen to record lows, and wage growth is up.

Correspondingly, only 5 percent of investors told Goldman Sachs they expect an economic recession this year.

The results are a departure from what Goldman Sachs said last year, calling Trump’s re-election a “close call,” according to CNBC.

At the time, Goldman’s chief economist Jan Hatzius told CNBC that between Trump’s position as the incumbent — who traditionally has a slight election advantage — and the very strong and surging economy, it is more likely than not that Trump will be a two-term president.

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4 Comments
  • Art LaPella says:

    Another possibility is that Warren or Sanders will lead the polls, investors will start fleeing the country, and Democrats will find a way to blame waves of layoffs on Trump.

  • nic says:

    Of course Trump is going to win re-election. There’s not a Dem candidate that can top a single issue against the POTUS. If we’ve learned nothing else it’s exposed the entire Democratic field for the insanely corrupt party that they are.

  • Carl says:

    Trump has given us the best economy in our history and the democrats want to punish him for it.

  • DJ says:

    You have to be a damn fool not to won’t Trump in 2020.

  • CF
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