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 * 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


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