11/07/2024 Election Outcome Uncontested

PLEASE REFER TO THE HEDGE AND TRADE STRATEGY PAGE FOR UPDATES!! Political pollsters and analysts proved once again that election outcomes are hard to call and to have had a good track record, doesn’t mean much for the accuracy of forecasting the next. Ann Selzer, Peter Zeihan, Michael Moore, James Carville, Dr. Allen Lichtman and some other very smart people got this election wrong.  Selzer’s Iowa poll was a far off miss with her forecast for US House seats in Iowa blowing up as well. Her Gold Standard status is now tarnished. Back to her drawing board. The election results were not a small miss. None of the polls saw the blow-out for DJT and MAGA GOP coming. One result is that we did not have to wait until late week to discover the winner. Trump appears to have swept all 7 swing states settling the matter quickly. Trump even won the popular vote so it was not nearly as close as polls predicted. He will have one heck of a mandate to do whatever he wants. There will be no hard pushback against the White House and GOP congress for at least the next 2 years. CO2 pipelines lost…