Trending
JOE BIDEN AND DONALD TRUMP easily won their respective primaries on Tuesday night, but that wasn’t the big story. The election showed — once again — that voters aren’t happy with the candidates and want a better choice.
MORE THAN 150,000 PEOPLE CAST THEIR VOTES FOR NIKKI HALEY in Pennsylvania, where Trump lost to President Biden by 80,000 votes in 2020. What stands out to us is Trump’s showing in the Philadelphia suburbs — four vote-rich counties where turnout is crucial to win the state. In three of the four counties, nearly 25 percent of Republican voters cast ballots for Haley over Trump.
SIMON RESENBERG, a Democratic strategist, told the Washington Post that he thinks there are a sizable number of GOP voters who have shifted away from the Republican Party since the Supreme Court decision to overturn Roe v. Wade in 2022, posing a problem for the GOP.
“The opposition to Trump is far more significant than any reticence against Biden,” said Rosenberg. Other political analysts believe Trump has been hurt by his trials in New York, where he emerges daily snarling and critical of the legal system.
AND OTHER analysts see another big problem for Biden: the growing protests on college campuses is a negative for the president.
WE THINK THIS ELECTION WILL BE A TALE OF MOMENTUM — and in recent weeks Trump’s numbers have slipped. The race is either tied or slightly leaning toward Biden. This could change within weeks if inflation persists; gasoline prices are surging.
WE REMAIN PUZZLED BY TRUMP’S SCATHING attacks on Nikki Haley after she dropped out of the race. She could have brought tens of thousands of votes to the GOP ticket, but Trump shunned her and her followers — a tactical error that could become crucial by November.
Related: Biden, Trump Embrace Weak Dollar and More Tariffs
The views expressed in this blog are those of the author and do not necessarily represent the opinions of AGF, its subsidiaries or any of its affiliated companies, funds or investment strategies.
The views expressed in this blog are provided as a general source of information based on information available as of the date of publication and should not be considered as personal investment advice or an offer or solicitation to buy and/or sell securities. Speculation or stated believes about future events, such as market or economic conditions, company or security performance, or other projections represent the beliefs of the author and do not necessarily represent the view of AGF, its subsidiaries or any of its affiliated companies, funds or investment strategies. Every effort has been made to ensure accuracy in these commentaries at the time of publication; however, accuracy cannot be guaranteed. Market conditions may change and AGF accepts no responsibility for individual investment decisions arising from the use of or reliance on the information contained herein. Any financial projections are based on the opinions of the author and should not be considered as a forecast. The forward looking statements and opinions may be affected by changing economic circumstances and are subject to a number of uncertainties that may cause actual results to differ materially from those contemplated in the forward looking statements. The information contained in this commentary is designed to provide you with general information related to the political and economic environment in the United States. It is not intended to be comprehensive investment advice applicable to the circumstances of the individual.
AGF Investments is a group of wholly owned subsidiaries of AGF Management Limited, a Canadian reporting issuer. The subsidiaries included in AGF Investments are AGF Investments Inc. (AGFI), AGF Investments America Inc. (AGFA), AGF Investments LLC (AGFUS) and AGF International Advisors Company Limited (AGFIA). AGFA and AGFUS are registered advisors in the U.S. AGFI is a registered as a portfolio manager across Canadian securities commissions. AGFIA is regulated by the Central Bank of Ireland and registered with the Australian Securities & Investments Commission. The subsidiaries that form AGF Investments manage a variety of mandates comprised of equity, fixed income and balanced assets.