{"id":253930,"date":"2024-08-13T18:06:24","date_gmt":"2024-08-13T18:06:24","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/08\/13\/goldman-sachs-odds-of-kamala-powered-blue-wave-are-swelling\/"},"modified":"2025-06-25T17:12:29","modified_gmt":"2025-06-25T17:12:29","slug":"goldman-sachs-odds-of-kamala-powered-blue-wave-are-swelling","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/08\/13\/goldman-sachs-odds-of-kamala-powered-blue-wave-are-swelling\/","title":{"rendered":"Goldman Sachs: Odds of Kamala-powered blue wave are swelling"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<p>Kamala Harris has pulled ahead of Donald Trump in national polls as voters turn away from third parties and the odds of a blue wave increases, according to <a href=\"https:\/\/fortune.com\/company\/goldman-sachs-group\/\" target=\"_blank\" aria-label=\"Go to https:\/\/fortune.com\/company\/goldman-sachs-group\/\" class=\"sc-93594058-0 fowfrQ\" rel=\"noopener\">Goldman Sachs<\/a>.<\/p>\n<div>\n<p>The vice president is up by about three percentage points nationally since she became the presumed Democratic nominee after President Biden <a href=\"https:\/\/fortune.com\/2024\/08\/11\/joe-biden-presidential-campaign-re-election-fears-democrats-house-senate-congress\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/2024\/08\/11\/joe-biden-presidential-campaign-re-election-fears-democrats-house-senate-congress\/\" class=\"sc-93594058-0 fowfrQ\" rel=\"noopener\">ended his reelection bid<\/a> last month. Her margins have also improved in key swing states, <a href=\"https:\/\/fortune.com\/2024\/08\/06\/kamala-harris-vp-walz-shapiro-jewish\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/2024\/08\/06\/kamala-harris-vp-walz-shapiro-jewish\/\" class=\"sc-93594058-0 fowfrQ\" rel=\"noopener\">including Pennsylvania<\/a>, with 19 electoral votes, where Trump has just a 0.2 percentage point lead over Harris, according to the Goldman analysts. The vice president needs at least 270 electoral votes to win the election.<\/p>\n<p>The momentum built up by Harris in just a month has increased the odds of a blue sweep of the White House and Congress, something that looked improbable until recently, according to the investment bank. Yet, <a href=\"https:\/\/fortune.com\/crypto\/2024\/07\/22\/trumps-chances-dip-slightly-on-polymarket-cooper-favored-as-harriss-vp-pick\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/crypto\/2024\/07\/22\/trumps-chances-dip-slightly-on-polymarket-cooper-favored-as-harriss-vp-pick\/\" class=\"sc-93594058-0 fowfrQ\" rel=\"noopener\">prediction markets<\/a> are still betting narrowly that Harris will win the White House, with Democrats taking the House and Republicans taking the Senate, the analysts wrote.\u00a0<\/p>\n<div class=\"wp-block-image\" style=\"margin:auto;max-width:650px\"><img loading=\"lazy\" alt=\"Chart shows presidential polling leads since march 2024\" loading=\"lazy\" width=\"650\" height=\"690\" decoding=\"async\" data-nimg=\"1\" style=\"color:transparent;height:auto;object-fit:cover;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image\/svg+xml;charset=utf-8,%3Csvg xmlns='http:\/\/www.w3.org\/2000\/svg' viewBox='0 0 650 690'%3E%3Cfilter id='b' color-interpolation-filters='sRGB'%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3CfeColorMatrix values='1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 100 -1' result='s'\/%3E%3CfeFlood x='0' y='0' width='100%25' height='100%25'\/%3E%3CfeComposite operator='out' in='s'\/%3E%3CfeComposite in2='SourceGraphic'\/%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3C\/filter%3E%3Cimage width='100%25' height='100%25' x='0' y='0' preserveAspectRatio='none' style='filter: url(%23b);' href='data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mO8fv1mPQAIHAMIsIR6agAAAABJRU5ErkJggg=='\/%3E%3C\/svg%3E&quot;)\" sizes=\"100vw\" srcset=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-02.png?w=320&amp;q=75 320w, https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-02.png?w=384&amp;q=75 384w, https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-02.png?w=480&amp;q=75 480w, https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-02.png?w=576&amp;q=75 576w, https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-02.png?w=768&amp;q=75 768w, https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-02.png?w=1024&amp;q=75 1024w, https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-02.png?w=1280&amp;q=75 1280w, https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-02.png?w=1440&amp;q=75 1440w\" src=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-02.png?w=1440&amp;q=75\"\/><figcaption>Vice President Kamala Harris has taken a slight edge over former president Donald Trump in national polls.<\/figcaption><\/div>\n<p>Harris\u2019s boost in the polls, which could be lifted by another two percentage points following the Democratic National Convention next week, comes as third-party support plummets, especially since President Biden <a href=\"https:\/\/fortune.com\/2024\/07\/21\/joe-biden-drops-out-reelection-race-kamala-harris-dnc\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/2024\/07\/21\/joe-biden-drops-out-reelection-race-kamala-harris-dnc\/\" class=\"sc-93594058-0 fowfrQ\" rel=\"noopener\">dropped out of the race<\/a>.<\/p>\n<p>Voter support for third-party candidates, including Robert F. Kennedy Jr., Jill Stein, and Cornel West, fell to 6% from more than 10% before Biden ended his reelection bid.\u00a0<\/p>\n<p>\u201cWhile third-party candidates had been drawing slightly more from Biden earlier in the year, what is left of third-party support seems to be coming at least as much from former President Trump,\u201d the analysts wrote.<\/p>\n<p>The percentage of undecided voters also began declining soon after <a href=\"https:\/\/fortune.com\/2024\/08\/06\/kamala-harris-tim-walz-philadelphia-rally-running-mate-campaign\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/2024\/08\/06\/kamala-harris-tim-walz-philadelphia-rally-running-mate-campaign\/\" class=\"sc-93594058-0 fowfrQ\" rel=\"noopener\">Harris\u2019s entry into the race<\/a>, and is now half of what it was a month ago. Those undecided voter numbers are likely locked in, according to the investment bank.<\/p>\n<div class=\"wp-block-image\" style=\"margin:auto;max-width:650px\"><img loading=\"lazy\" alt=\"Chart shows historical polling averages for republicans vs democrats for congress\" loading=\"lazy\" width=\"650\" height=\"580\" decoding=\"async\" data-nimg=\"1\" style=\"color:transparent;height:auto;object-fit:cover;width:100%;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(&quot;data:image\/svg+xml;charset=utf-8,%3Csvg xmlns='http:\/\/www.w3.org\/2000\/svg' viewBox='0 0 650 580'%3E%3Cfilter id='b' color-interpolation-filters='sRGB'%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3CfeColorMatrix values='1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 100 -1' result='s'\/%3E%3CfeFlood x='0' y='0' width='100%25' height='100%25'\/%3E%3CfeComposite operator='out' in='s'\/%3E%3CfeComposite in2='SourceGraphic'\/%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3C\/filter%3E%3Cimage width='100%25' height='100%25' x='0' y='0' preserveAspectRatio='none' style='filter: url(%23b);' href='data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAYAAAAfFcSJAAAADUlEQVR42mO8fv1mPQAIHAMIsIR6agAAAABJRU5ErkJggg=='\/%3E%3C\/svg%3E&quot;)\" sizes=\"100vw\" srcset=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-01.png?w=320&amp;q=75 320w, https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-01.png?w=384&amp;q=75 384w, https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-01.png?w=480&amp;q=75 480w, https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-01.png?w=576&amp;q=75 576w, https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-01.png?w=768&amp;q=75 768w, https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-01.png?w=1024&amp;q=75 1024w, https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-01.png?w=1280&amp;q=75 1280w, https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-01.png?w=1440&amp;q=75 1440w\" src=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/pres_poll_081324-01.png?w=1440&amp;q=75\"\/><figcaption>Slightly more voters prefer Democrats be elected to Congress than Republicans.<\/figcaption><\/div>\n<p>Although Harris\u2019s polling has improved, recent economic instability could hurt her chances of being elected in November, according to the analysts. Last week, all major indices <a href=\"https:\/\/www.wsj.com\/livecoverage\/stock-market-today-dow-sp500-nasdaq-live-08-09-2024\" target=\"_blank\" aria-label=\"Go to https:\/\/www.wsj.com\/livecoverage\/stock-market-today-dow-sp500-nasdaq-live-08-09-2024\" rel=\"noopener\" class=\"sc-93594058-0 fowfrQ\">closed down for the week<\/a> after the unraveling of the yen carry trade led to big moves by traders. Weaker-than-expected <a href=\"https:\/\/fortune.com\/2024\/08\/02\/unemployment-hiring-jobs-report-july\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/2024\/08\/02\/unemployment-hiring-jobs-report-july\/\" class=\"sc-93594058-0 fowfrQ\" rel=\"noopener\">jobs numbers<\/a> also yielded concern as the unemployment rate rose for the third straight month to 4.3%.<\/p>\n<p>Despite the recent turmoil, 42% of voters think Harris would be better than Trump at handling the economy, according to a <a href=\"https:\/\/www.ft.com\/content\/cf9a7c4d-3b82-4867-892c-f4f95daebbc7\" target=\"_blank\" aria-label=\"Go to https:\/\/www.ft.com\/content\/cf9a7c4d-3b82-4867-892c-f4f95daebbc7\" rel=\"noopener\" class=\"sc-93594058-0 fowfrQ\">recent poll<\/a> by the <em>Financial Times<\/em> and the University of Michigan Ross School of Business.\u00a0<\/p>\n<p>While the Goldman analysts said in the Monday note that a Harris economic plan would likely mirror Biden\u2019s proposals with a few additions, a majority of voters surveyed by the <em>FT<\/em> and University of Michigan poll said Harris should break completely from Biden or \u201cmake major changes\u201d to his economic proposals.<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/fortune.com\/2024\/08\/13\/goldman-sachs-kamala-harris-beating-donald-trump-polls-democrats-republicans-blue-wave\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Kamala Harris has pulled ahead of Donald Trump in national polls as voters turn away from third parties and the odds of a blue<\/p>\n","protected":false},"author":1,"featured_media":253931,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[149],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/253930"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=253930"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/253930\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/253931"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=253930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=253930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=253930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}