The Election May Be Closer Than Most Realize

The bottom line, the national polls may be wide and showing Joe Biden with a large lead, but hardly matter. It is a mistake to focus on the national polls. I don’t doubt that Trump could lose the popular vote as he did in 2016. But the winner is not decided by the popular vote; it runs off the electoral college. This means the states need to be won, and I continue to think that the market may be very disappointed after November 3 because it will be a much closer race than anyone thinks. 

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Disclosure: Mott Capital Management, LLC is a registered investment adviser. Information ...

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