Investing for Trump 2.0 Is Trickier Than You Think
The right bets may not be the obvious ones, but the base-case scenario of a second term will move markets until November — and beyond.
If you’re a betting man, he’s the one.
Photograph: Bloomberg
To get John Authers' newsletter delivered directly to your inbox, sign up here.
Yes, it could definitely happen. Everyone grasps that now. Donald Trump’s current dominance of the Republican nomination process, and his increasingly strong showing in polls for the November election, weren’t foreordained. Indeed, at the beginning of last year, he appeared to be almost out of it. Now, his chances are seen as close to 50/50, and clearly positioned better than anyone else. In testimony to how weak Biden is perceived to be, the candidate that bettors rank third, Michelle Obama, has an 8.5% chance: