https://www.cbsnews.com/news/trump-election-prediction-socionomic-institute-stock-market/
President Donald Trump has a very good chance of winning the 2020 presidential election against Joe Biden, if a more than 200-year overview of the stock market is to be believed.
That's according to research from the Socionomic Institute, a group that has long used the stock market to predict elections and economic and cultural trends.
The research, going back to George Washington, found 16 times in U.S. history when an incumbent president ran for reelection and the stock market was up more than 20% in the preceding three years. In 14 of those 16 times, the incumbent won reelection, giving a success rate of 87%.
President Donald Trump has a very good chance of winning the 2020 presidential election against Joe Biden, if a more than 200-year overview of the stock market is to be believed.
That's according to research from the Socionomic Institute, a group that has long used the stock market to predict elections and economic and cultural trends.
The research, going back to George Washington, found 16 times in U.S. history when an incumbent president ran for reelection and the stock market was up more than 20% in the preceding three years. In 14 of those 16 times, the incumbent won reelection, giving a success rate of 87%.