The U.S. faces an historic election in November with Hillary Clinton, the presumptive Democrat nominee and Donald Trump, the presumptive Republican nominee vying president. Why this is an historic election is because it pits a businessman with no political experience vs. a career politician. This is the start of our unbiased tracking poll (see below) where we will be gauging sentiment not just for president but for U.S.Congressional elections as well.
As I noted in a recent article, under typical circumstances, those voting with their wallets would be leaning towards the businessman rather than the career politician. However, this time around the outcome may be decided by other factors, such as a backlash against the political establishment, immigration, national security, defense, trade and globalization, a disappearing middle class among others.
There is more at stake in the 2016 election than just president as congressional elections will be fiercely contested as well. Republicans hope to maintain control of both houses but fear the worst if Trump falters while Democrats hope to ride Clinton's coat tails if she can prevail. With several Supreme Court justices likely to be appointed by the next President, the Senate races will watched closely. We will also be looking at how the race might affect financial markets.
Stay tuned for future articles where we will be publicizing the results of our tracking poll and insights from our participants.
Jay Meisler, founder
Global Traders Association
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