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Close Lightbox Close Lightbox Download the free report here: Skip to content * DOW + 0.56% 416 / + 2.30 * Nasdaq + 1.19% 476 / + 5.61 * S&P + 0.95% 564 / + 5.33 Primary Menu ☰ * Our Analysts * Free Reports * Newsletters * Free Reports * Log in My Account * My Services * Portfolio Tracker * Manage Account * Support * Logout * * Today’s Market * Stocks * Stock Picks * Hot Stocks * Stocks to Buy * Stocks to Sell * Stock Quotes * All Stock Picks * Stock Types * Blue-Chip Stocks * Dividend Stocks * Growth Stocks * Meme Stocks * Penny Stocks * Undervalued Stocks * Industries * Consumer Discretionary * Consumer Staples * Energy * Healthcare * Technology * More Industries * Crypto * Trading * Market Analysis * About InvestorPlace * About InvestorPlace * Publishing Guidelines * Contact Us * Premium Services Search symbol, company name, or keywords Search Close Menu Log in Log out * My Services * Portfolio Tracker * Manage Account * Support * Logout * Our Analysts * Free Reports * Newsletters * Free Reports * Home / * Market Analysis / * No Endorsements Will Prevent This Election Shock Meet Eric Fry NO ENDORSEMENTS WILL PREVENT THIS ELECTION SHOCK Let’s look for where they hype isn’t… 1d ago · August 30, 2024 By Eric Fry, Editor, Fry's Investment Report Source: beeboys / Shutterstock 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. Click here to watch now. To life, liberty and the pursuit of wealth, Charles Sizemore Chief Investment Strategist, The Freeport Society Submit Eric Fry Editor, Smart Money MEET ERIC FRY By looking for big-picture trends that drive huge, multiyear moves in entire sectors of the market, Eric Fry exploits moneymaking opportunities regular Wall Streeters miss. Learn more about Eric -------------------------------------------------------------------------------- Article printed from InvestorPlace Media, https://investorplace.com/smartmoney/2024/08/2024083124/. ©2024 InvestorPlace Media, LLC MORE FROM ERIC FRY Market Analysis THESE SLEEPING GIANTS ARE THE BEST STOCKS TO BUY OUTSIDE OF AI 6h ago · By Eric Fry, Editor, Fry's Investment Report Market Analysis NVIDIA BEATS, BUT I’M STILL LOOKING ELSEWHERE 3d ago · By Eric Fry, Editor, Fry's Investment Report Market Analysis ANSWERING YOUR BIGGEST AGI QUESTIONS 4d ago · By Eric Fry, Editor, Fry's Investment Report * ERIC'S MOST POPULAR 1. Market Analysis 3d ago NVIDIA BEATS, BUT I’M STILL LOOKING ELSEWHERE 2. Market Analysis 6h ago THESE SLEEPING GIANTS ARE THE BEST STOCKS TO BUY OUTSIDE OF AI 3. Market Analysis 1d ago NO ENDORSEMENTS WILL PREVENT THIS ELECTION SHOCK 4. Market Analysis 4d ago ANSWERING YOUR BIGGEST AGI QUESTIONS 5. Market Analysis Aug 23, 2024 THE “UNPOPULAR” STOCK THAT CAN BEAT THE PANTS OFF NVIDIA * * * * * About InvestorPlace * Products * Contact Us * Help * Careers * Advertise With Us * Disclosures & Disclaimers * Privacy Policy * Terms of Use * Ad Choices * Do Not Sell My Personal Information * Cookie Preferences * DMCA Policy Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes. Copyright © 2024 InvestorPlace Media, LLC. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201. Close login modal SUBSCRIBER SIGN IN Email Address or Username Password Sign in Forgot Password? Not Yet a Premium Subscriber? Subscribe Expand/Collapse DOE Close DOE Your Email