Editor’s Note: My colleague Charles Sizemore, from The Freeport Society, has a track record of making shocking predictions that come true. Last November, he predicted that Joe Biden would no longer be on the ballot on Election Day. And in May, when most of the market was expecting a rate cut, he warned that it wasn’t going to happen.
Now, he has a major election shock prediction. He explains everything you need to know in an urgent presentation. Click here to watch it.
Today, Charles will explain how candidate endorsements will not prevent the election shock that he sees coming.
Hello, Reader.
Last week, Robert F. Kennedy Jr. ended his campaign and officially threw his weight behind Donald Trump.
Tulsi Gabbard, a former Democratic congresswoman, recently endorsed Trump as well. (Both are now serving on Trump’s “transition team”… whatever that means.)
If you don’t remember who Tulsi Gabbard is… don’t feel bad. She had her proverbial 15 minutes of fame four years ago as a presidential candidate and then mostly faded into obscurity. I’m not sure what her endorsement accomplished other than, perhaps, suggesting to Trump that she’d like a cushy Cabinet post if he wins. Still, it’s another name in his favor.
On the other side of the crocodile pit, more than 200 Republicans who worked for George W. Bush, Senator Mitt Romney, and the late Senator John McCain threw their hats into Kamala Harris’s camp.
Personally, I don’t care who endorses who.
If Curly decides to endorse Larry over Moe or Moe over Larry, it’s still a case of stooges endorsing stooges. And let’s be clear, both Trump and Harris have gone out of their way to prove their stooge bona fides… making an election shock inevitable.
Also worth noting is that many of Kennedy’s voters were protest voters. They never expected him to win… so many were likely indifferent to his actual policy views. They simply supported him as a way of thumbing their noses at Harris and Trump. With him now out of the race, they may vote Libertarian, Green, or not at all.
Of course, those who truly believed in Kennedy and supported his policy views – particularly his environmental advocacy – might find the Trump camp to be a little less than friendly.
But in an election that will ultimately be decided by a small handful of swing voters in an even smaller handful of swing states, if even a modest number of RFK’s voters follow his lead and cast a ballot for Trump, it could end up deciding the election.
Let’s take a closer look at those numbers…
The Way the Math Works Out
Pennsylvania’s 19 electoral votes are critical this November. The way the math works out, neither Trump nor Harris has a realistic path to the presidency without that state. Or at least not as things stand now.
Today, the election betting markets put Trump ahead by exactly 1% – 50.5% to 49.5% – in Pennsylvania. The average of the major polls gives Harris an advantage of the same 1% margin in Pennsylvania – 49% to 48%.
But whether we’re looking at the betting markets or the polls, we get a similar story: With 69 days until November 5, the race is far too close to call in the only state that actually matters.
It might sound trite to say that every vote counts. Well, Pennsylvania has 8.7 million registered voters. A 1% margin means 87,000 voters. So, while it’s unlikely that the selection of our next president literally comes down to a single vote, we’re still talking about a very small margin here.
And there’s still plenty of time for the wheels to fall off of an already wobbly economy.
As I wrote earlier this week, the Federal Reserve is set to cut rates next month, but we should be careful what we wish for. The Fed doesn’t cut interest rates when everything is hunky-dory. It cuts rates when it’s concerned. And it only cuts aggressively when it’s really concerned.
The job market hasn’t shown signs of breaking down just yet. But we’re definitely starting to see cracks forming. Just this month, we’ve seen significant layoffs in companies as diverse as CarMax (KMX), General Motors (GM), Mastercard (MA), Cisco Systems (CSCO), and Paramount Global (PARA), among others.
And earlier this year, Dell (DELL), Intel (INTC), and Tesla (TSLA) laid off 20%, 15%, and 10% of their workforces, respectively.
So, what does any of this have to do with the election?
Everything.
In a razor-thin contest, even a slight change in sentiment can swing the results and trigger a major election shock.
And countless sparks could trigger that shift…
We’re less than two weeks away from the big debate…
And the Democrats are clearly not done using the legal process to attempt to defeat Trump…
We’re living in a gas-soaked pit of kindling.
That’s why I’ve researched what could be the next big election shock to slam into us. What I discovered… what I’m predicting now… goes contrary to anything the stock markets are preparing for.
So I recorded a video to share the details with you… and to give you the tools you need to not only survive, but thrive… despite what’s coming.
To life, liberty and the pursuit of wealth,
Charles Sizemore
Chief Investment Strategist, The Freeport Society
