by Jocelynn Smith
The Sovereign Investor
Another one bites the dust.
More primaries concluded last night, with Marco Rubio dropping from the race and Trump taking all but one of the states up for grabs. On the other side of the aisle, Clinton grew her lead over Sanders.
We are inching closer to November, and it appears that America’s potential presidential candidates are going to be Trump and Clinton.
An interesting question arose this morning at the Offshore Investment Summit about the likely impact of certain candidates winning the presidential election. Jeff Opdyke believes that if Clinton wins, investors should short sell all health care companies as she pursues universal health care in America. If Trump wins, Jeff believes we will see a boost to defense stocks, but that Trump will crush most other industries as he pursues a hard-nosed approach to trade deals that will likely alienate the rest of the globe.