Goldman Sachs warned investors earlier this week that the biggest impact the coronavirus outbreak could have on the US is economic and Democrats are praying that will boost Bernie Sanders or whoever wins the Democratic presidential nomination chances of winning.
Analyst for Goldman Sachs Ben Snider writes, “If the coronavirus epidemic materially affects US economic growth it may increase the likelihood of Democratic victory in the 2020 election.”
At the same time, recent prediction models show President Trump’s reelection chances have climbed in direct relation to the rise of Senator Sanders.
But the media’s spotlight on the coronavirus as a worldwide threat and the next great pandemic could lead undecided voters to swing toward Sanders out of fear of expensive medical bills and obtaining health care. The self-described “democratic socialist” has called for Medicare-for-All and forgiving all student loans.
Because of the current fluctuations in the market, Goldman Sachs is advising clients to not count Sanders out just yet. “In contrast with the prevailing market narrative, head-to-head polls show Senator Sanders would be competitive against President Trump in the general election,” the firm wrote in its report.
Conversely, Geraldo Rivera appearing on Fox and Friends said the U.S.’s addiction to cheap Chinese goods will ultimately prove Trump right about our dealings with that country.
Watch the video as Neil Cavuto of Fox Business discusses the 2020 Democratic field and coronavirus’ impact on the election with Democratic fundraiser and donor Don Peebles.
