Lou Dobbs welcomed RNC Chairwoman Ronna McDaniel to his show last night. After a short time Lou mentioned Goldman Sachs estimate on the economy with a Biden win.
Lou began the interview noting that Goldman Sachs said that if Joe Biden wins the election, US stocks will decrease by $20 per share on average. This was reported earlier:
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Goldman Sachs warned the Biden tax plan would slash its S&P 500 earnings estimate for 2021 to $150, a cut of about $20 per share.
This prediction makes sense as Biden would raise taxes and kill the economy.
Biden would be horrible for the markets and a Biden win would cause a market collapse.