Probably the best aerial pic of Saturday's drama via @nypost
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Surge In "Donate To Trump" Searches After Assassination Attempt
Source: Google Trends
Swing States Odds by https://lnkd.in/eEVhR_yt
Source: Interactive Polls
The weirdest newspaper cover page so far...
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Trump's strength in such a tough moment makes the contrast to Biden even larger...
This assassination attempt (the 1st of its kind in 43 years) took place 4 months before the Presidential election and days before Trump is to be officially named the Republican nominee at his party's convention. It is most likely a boost to his election - just watch the odds on PredictIt on the right. Worldwide, the image of a bloodied 78 years old man raising fist just a minute after the shooting is very powerful. But it also highlights how split America is.
Biden betting odds (blue line) fall after US President calls Ukraine’s Zelensky ‘President Putin’ in latest brutal gaffe, but corrects himself.
Trump odds (in red) now stand at 59% while Harris odds (in green) increased to 27% Source: Bloomberg, HolgerZ, FT
Yesterday was a big ROTATION day on US equities market with small-caps hugely outperforming large-caps
Indeed, small-cap Russell 2,000 gained 3%+ while the S&P 500 fell on the day. The only other day that happened was back on 10/10/2008... Investors probaby have these 2 charts in mind: 1) The HUGE underperformance of small caps vs large aps over the recent years; 2) History showing that Small caps outperform AFTER the first rate cut. The lower than expected US CPI iunflation number for June acted as a trigger for the rotation with hedge funds being forced to cover their long large / short small par trades. Source: Bloomberg, DB, RBC
US manufacturing mega-boom in 2 images
Source: Science is Strategic, The Economist
