The presidential election in November 2020 will be close, at least from a popular vote standpoint. Even if President Trump handily defeats his Democratic challenger in the Electoral College -- whoever that challenger ends up being -- the popular vote is likely to be within a very few percentage points, one way or the other. At first blush, the notion that President Trump would be anything other than an overwhelming victor in November seems illogical. Consider all the usual factors that determine whether or not a president is re-elected: The Economy By any measure, the economy is extremely strong. Unemployment is at a 50-year low. Most economists feel that at around its current 3.5%, unemployment is at its structural lower limit, that it really can’t go much lower. The employment situation is strong across all demographic sectors, with black and Hispanic unemployment at all-time historic lows and female unemployment at a half-century low. Wages are rising strongly as...(Read Full Article)