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Investors Already Believe In A Presidential Victory For Donald Trump

By Christian Savoy
Published on: 14:15 PST, Jun 5, 2016

At the start of the campaign to elect the Republican and Democratic candidates, almost nobody would have bet that Donald Trump would eventually be the Republican presidential nominee. Trump awakened many antipathies within his own party, and the other candidates had much more support among its top leaders. In little over a month, Trump has gotten rid of his opponents within the party while his chances of becoming president of the United States of America continue to grow.

As strange as it may seem, the candidacy of Donald Trump has gone from the eccentricity of a billionaire’s desire for greatness to the reality of a candidate for the presidency of the most powerful country in the world. Despite the continuing controversy surrounding his public appearances and all that is diametrically opposed to what is considered a conventional politician, the bases of the Republican Party have shown him majority support.

Many Republicans have weighed in on their party’s standard-bearer and have offered their words of support, Slate said in a recent report. The below politicians are just a few of those who have spoken out publicly in favor of the billionaire businessman.

Tennessee Rep. Scott DesJarlais (2/29/2016):

“While there are certainly things that I admire and respect in each of the remaining candidates, I believe Donald Trump is the candidate best poised to make America great again.”

Pennsylvania Rep. Tom Marino (2/29/2016):

“Donald Trump is saying what the voters agree on and what the voters are feeling.”

New York Rep. Tom Reed (3/16/2016):

“Now is the time to unite behind the candidate who I believe will be our nominee, Donald Trump. We must move beyond the bombastic rhetoric to positive discussion about creating jobs and improving the lives of all Americans.”

From the point of view of some Americans, Trump’s candidacy represents a new factor of uncertainty, since it is difficult to decipher what his government strategy is. His political position is controversial even for members of his party, as it has a clear bias populist filled with racist and nationalistic overtones.

Investors have changed their opinion about the Republican candidate. In April, only 22 percent thought that Donald Trump could become President of the United States, while today nearly 50 percent think that he could become president. According to RealClearPolitics’ average of recent polls, as of June 1st, Hillary Clinton beats Trump by 1.5 percentage points in a head-to-head contest, while Bernie Sanders – who has little chance of becoming the nominee – wins by 10.4 points.

Although Washington did not seem to discount a presidential victory for Trump, the truth is that his rise has not had a negative impact on markets. A big part of Trump’s message has been clearly focused towards increased immigration control, so it is not difficult to determine what type of industries or businesses would benefit most. Defense companies, data protection, and related technology would clearly benefit from a Trump presidential nomination.

It is possible that Trump’s economic policy would be aimed at promoting local businesses. However, on the contrary, it would be less prone to favor international trade agreements or facilitate the entry of foreign companies in the American market. Just the fact that he seeks to build a fence along the border with Mexico is more than telling about his vision of free trade and relations with America’s neighboring country.

In terms of voter support, few candidates have managed to be as controversial as Trump. It appears that for a large number of Republicans, a victory for Hillary Clinton would be preferable rather than allow the victory of Trump and his ideas.

[Photo by Elijah Nouvelage/Getty Images]

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