2019 is coming a close, and now as we turn towards next year, I present to you a list of 10 stock market predictions for 2020. You can review my list of top 10 predictions for previous years 2016, 2017, 2018, and 2019 to see how I did.
As I did last year, I will start with number 10 and work our way up to number 1 over the final month of 2019. Enjoy!
Prediction 1: President Trump Will Win A Landslide Victory In 2020
With global growth returning, the U.S. economy surging to a 3% growth rate, U.S. interest rates rising, the U.S. dollar sinking, the return of inflation, commodities prices soaring, the reflation trade in full force, the Fed raising rates one-time, and the S&P 500 rising to 3,560, President Trump will return the White House for 4 more years in a landslide victory over Bernie Sanders.
It will come down to President Trump vs. Senator Sanders in the 2020 Presidental election. Sanders will stun democratic hopefuls and get his moment to run for office, upsetting Joe Biden and Elizabeth Warren. Sanders has been able to outraise his opponents by a wide margin thus far, with nearly $75 million raised, compared to Warren at $60.3 million, and Biden at just $37.7 million.
But with a strong economy, low unemployment rate, and a roaring stock market, Sanders won’t stand a chance against Trump. In the critical swing states, Trump has crushed his peers, with 147,561 donors. That is almost three times as many contributors as Sanders. It is also more than all the leading five democratic candidates combined, including Mayor Pete and Tom Steyer. In total, the five democrats have just 112,508 donors.
It means Trump will easily win all of the swings states, and that will be all he needs to win another four years in the White House.
Have a happy 2020!
Mott Capital Management, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future results.