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- Former White House official warns there’s a ‘high risk’ of a disputed U.S. election outcome
Former White House official warns there’s a ‘high risk’ of a disputed U.S. election outcome
CNBC reports that a former White House trade official said that markets need to pay attention to the “high risk” of a disputed U.S. presidential election outcome as dynamics shift ahead of the vote.
Such an election outcome could happen if a candidate deemed to have lost refuses to concede, or if he questions the legitimacy of the results.
“I think it’s a high risk and I do think markets need to pay attention to it. I’ve detected a real shift in the election dynamics in the last six to eight weeks,” Clete Willems, a former deputy director of the National Economic Council, told.
“In early August, I think the president ... felt like he was behind, I think right now he feels like he has the wind at his back for a couple of different reasons,” he said.
Willems explained that there’s a general perception that the U.S. economy is improving and the president has “done well in some of the law and order issues” — and that likely works in Trump’s favor.
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