by Nomad
The results from the last Republican debate are in and it must have a lot of people in the Republican party extremely jittery. And they really ought to be.
After the sixth debate, Trump is still holding his commanding position, the reins of Republican Party power seem to be in his hands and he isn't going anywhere.
MarketWatch reports:
For the Republican Party, the options are fraught with existential danger, namely, an acrimonious split in the GOP that will not be easily mended.
Analysts are looking at the possibility of having an unelectable candidate or an unwinnable campaign.
The political establishment — in places like New York, Washington and Los Angeles — has been waiting for months for the Trump movement to flame out of its own accord. In the past few weeks they have finally woken up to the shock that this may not happen.
The choices for the ruling elite (whose authority Trump seems to be directly challenging) are stark. Either take Donald Trump with all his political warts, all of his toxic rhetoric and his inane policies or take a 50-50% risk that he will walk away and escort his supporters over to his third party.
Even the Best Case Isn't So Terrific
According to one source, all this uncertainty and instability is having a negative effect on Wall Street. While blaming the decline in stocks on the political confusion might seem like a stretch, there is a bit of logic to that claim.
Above all else, Wall Street likes certainty and predictability. It's their security blanket and, at this point, things, especially in the Republican Party, could hardly be anymore uncertain. Here are two possible outcomes and both are fairly awful for investors.
Above all else, Wall Street likes certainty and predictability. It's their security blanket and, at this point, things, especially in the Republican Party, could hardly be anymore uncertain. Here are two possible outcomes and both are fairly awful for investors.
Even in Wall Street’s best-case scenario, the parties will only pick establishment candidates after months of bruising primary battles. In a worst-case scenario (for investors, at any rate): They’ll pick one or two heterodox outsiders who will threaten to turn everything upside down.
So, you have the Republican party being led by a rabble-rousing billionaire that cannot be bought and on the other side, there's a competition among the Dems about which candidate can appear more aggressive on Wall Street accountability.
For the Republican Party, the options are fraught with existential danger, namely, an acrimonious split in the GOP that will not be easily mended.
Analysts are looking at the possibility of having an unelectable candidate or an unwinnable campaign.