By Kris Sayce – Port Phillip Insider (Australia) –
Overnight, the US market fell nearly 1%.
At the same time, the gold price gained more than 1%.
That’s the ‘Trump Trade’.
Trump is now ahead in the ABC/Washington Post poll by one percentage point. Late last week, before the US Federal Bureau of Investigation re-opened the case into Hillary Clinton’s email server, Trump was behind by one percentage point.
Just over a week ago, Trump was behind by 12 percentage points. That’s right, it’s a 13 percentage point turnaround.
Not only that, but the poll doesn’t fully reflect the potentially changed attitudes following the FBI announcement. That’s because only half the poll was taken after Friday’s announcement.
For months, the mainstream press has poured scorn on Donald Trump. Even the local mainstream press, including The Age and Sydney Morning Herald, have taken shots at Trump every day on their websites.
And yet today, a week out from the vote, Trump is one percentage point ahead. It’s a stunning comeback. Arguably, it could be the most stunning political comeback of all time.