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The investment community often tries to capture the thinking at the time through the investment memo. I mean, no one in San Antonio is going to know what you did in Montpelier, Vermont. Because if you don’t understand those counterfactuals, it’s very hard to actually appropriately place any outcome into the right quadrant.
Incumbent Republican president Donald Trump will seek re-election, but the forecasts tell us that 2020 is going to be a year full of many other surprises businesswise. The list of running candidates contains 17 Democrats, including Vermont Sen. It didn’t take too long for the forecasts based on their policies to appear!
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