Political Risk

Political risk associated with the 2020 presidential election is the topic of my column this week: "The bigger concern is the chance that a Democrat will spook the stock markets by appearing likely to defeat President Trump. In a worst-case scenario for Mr. Trump, this could even be a self-fulfilling prophecy: the stock market declines in anticipation of his potentially losing, and the decline then undercuts one of Mr. Trump's best reelection selling points, the strong economy." Please read the whole thing at the New York Sun (here), Reason (here), and Newsmax (here).