Home Capital Broker's Calls

Battleground states now swinging blue but look beyond the election results, say analysts

Ng Qi Siang
Ng Qi Siang10/28/2020 12:12 PM GMT+08  • 4 min read
Battleground states now swinging blue but look beyond the election results, say analysts
PhilipCapital Research Analyst sees Biden winning narrowly in the key bellwether state of Florida.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

With the US elections mere weeks away, pro-Biden sentiment in the battleground states appears to suggest big trouble for Trump. PhillipCapital Research Analyst Yeap Jun Rong predicts that if Trump fails to win Florida in November, he will become the US’s latest “one-term president”.

“The state of Florida has been an accurate bellwether of US election outcomes since 1964. In the past 14 elections, the candidate who won in this state won the presidential seat 93% of the Time,” Yeap writes in a broker’s report on Oct 28. The only time it failed to do so was when Bill Clinton won a crushing landslide victory in 1992 with a 68.8% majority in electoral votes.

“Today, Biden’s lead in Florida seems to be holding up well. If it continues, we expect Biden to have a marginal win in Florida,” Yeap adds.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.