November 1, 2024: Money talks in the presidential race
The Playbook Podcast
POLITICO
3.9 • 699 Ratings
🗓️ 1 November 2024
⏱️ 11 minutes
🧾️ Download transcript
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| 0:00.0 | Presented by BP. |
| 0:05.5 | Good morning, everyone. I'm Playbook co-author Eugene Daniels. It is Friday, November 1st, |
| 0:11.8 | which means there are just four days left in the election. We've almost made it. We're almost |
| 0:17.4 | there, crawling, crawling to Tuesday. Here is what's driving the day. |
| 0:23.6 | Predictions. |
| 0:24.8 | Everyone is trying to predict how this election is going to turn out. |
| 0:29.4 | And they're turning to any number of things to gauge who stands where, how things will turn out on Tuesday night. |
| 0:35.4 | This morning, we're going to check on three different metrics. |
| 0:38.5 | Some folks are using to get a sense of whether Trump or Harris is ahead. First, the stock |
| 0:44.1 | market. While political gamblers and crypto traders are betting on a Trump return to the White |
| 0:48.9 | House, the stock market might be telling a somewhat different story. The S&P 500 index has climbed more than 10% |
| 0:56.8 | since August. And as our Declan Hardy reports, its, quote, performance in the run-up to election |
| 1:02.7 | day has historically been a strong indicator of whether the incumbent party's candidate will |
| 1:07.9 | retain control of the White House, correctly forecasting all but |
| 1:12.2 | four presidential races over the last 96 years, which could be a good sign for Harris, though, |
| 1:20.4 | as Declan writes, there are plenty of doubters on Wall Street about the S&P 500's predictive |
| 1:26.4 | power. |
| 1:29.7 | Second, we have the early votes. |
| 1:32.2 | With everyone trying to parse what to make of them, |
| 1:35.5 | I asked two different leading predictors about that on today's episode of Playbook Deep Dive, |
| 1:38.1 | Luxia Jane of a split ticket and Logan Phillips of Race to the White House. |
| 1:43.0 | Their advice, hold your damn horses, |
... |
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