Billionaire That Picked Trump to Win In 2016 Makes His 2020 Prediction
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Most “experts” predicted Hillary Clinton would easily beat then-candidate Donald Trump in the 2016 presidential election.
One of the few people who went public and predicted Trump would win in 2016 was billionaire bond fund manager Jeffrey Gundlach.
And he's predicting Trump will win again in 2020.
“Will Joe Biden beat Donald Trump in November? I don’t think so,” Gundlach said.
He added that a “highly toxic political environment” makes the polls “very, very squishy.”
Gundlach, who correctly predicted Trump’s 2016 win, thinks there will be “a lot of twists and turns” until Election Day as independent voters still need to decide which candidate best aligns with their views.
The status of a COVID-19 vaccine is possibly the biggest wildcard between now and Nov. 3 as it would help restore consumer confidence that slumped to a six-year low after stay-at-home orders sent the economy spiraling into its deepest economic downturn of the post-World War II era.
Other key issues include China, the makeup of the Supreme Court and a wave of sometimes-violent protests in large cities after the death of George Floyd, a Black man, in police custody in Minneapolis in late May.
“I’ve been asking people, ‘Do you know anybody that really supports Joe Biden?’ and I haven’t met a single person that says they know anybody that truly supports Joe Biden,” Gundlach said in September.
After months of build-up and speculation, Democratic nominee Joe Biden has officially picked his running mate.
The former vice president declared that he has selected California Democratic Sen. Kamala Harris.
Biden and Harris appeared together for the first time as running mates Wednesday afternoon in Wilmington, Delaware.
Biden made a bizarre comment about Harris will be ready to take over on Day 1 -- which lends credence to claims that she will be running the Oval Office, not him, if they win in November.
"She's a proven fighter," Biden said. "She's ready to do this job on Day One."
Harris then spoke about when Biden called her with the news and how she is also "ready."
"As I said, Joe, when you called me, I am incredibly honored by this responsibility and I'm ready to get to work," Harris said.
"Joe, I'm so proud to stand with you. And I do so mindful of all the heroic and ambitious women before me whose sacrifice, determination, and resilience makes my presence here today even possible," she continued.
"America is crying out for leadership," she said, "yet we have a president who cares more about himself than the people who elected him."