President Donald Trump’s performance on the US economy gives him a significant advantage over his Democratic rivals heading into the 2020 election.
• However, Trump has consistently polled poorly with voters on character issues including leadership, temperament and management skills. The potential fallout from the Mueller report and ongoing House investigations remain wildcards.
• The 2020 election could be another close call, possibly a 50-50 tossup at this stage in the election cycle.
• We see four potential election scenarios that could have significantly different implications for the US economy and investors.