Now, let’s go back to Donald Trump, Bernie Sanders, Joe Biden, and Mike Bloomberg. These are politicians between the ages of 70 and 79. They are in touch with hundreds of people every day, shaking hands, and traveling all over the country. As the coronavirus spreads over the next few weeks, it is nearly a certainty that these politicians will run into an infected person who doesn’t show any symptoms, and contract the new coronavirus. That’s why we believe that there is a 3.3% chance that Donald Trump or Bernie Sanders will die from COVID-19 in the next 12 months.
Now, that’s not the only political uncertainty. There are a total 8 states that are governed by a Democrat and have at least one Republican senator. For example Kansas and Kentucky have Democrat governors; Kansas senator Pat Roberts is a Republican and he is 83 years old, and Mitch McConnell is 78. Roberts has a 5.6% chance of dying from coronavirus, whereas McConnell has a 3.3% chance of dying. If any of these senators dies from coronavirus, the Democrat governors of their states will appoint a Democrat as replacement and may flip the US Senate.
The hidden potential victim in this catastrophe? The US Judicial powerhouse, SCOTUS. If Ruth Bader Ginsburg will be 87 in fewer than two weeks. If she dies, Trump will certainly appoint a conservative (or originalist, however you want to call it) to replace her.
The new coronavirus will also have several other political, economic and financial implications. I am not going to disclose which stocks we currently recommend to buy or short, but I am going to tell you to hedge some of your market exposure. The decline in the stock market isn’t over. If you liked this article please share on Facebook and Twitter and if you’d like get updates, please subscribe to our free daily enewsletter below: