Christophe Barraud, dubbed the “world’s most accurate economist,” has just made a major prediction for the 2024 Election.
He believed that not only will President Trump is bound to win the race, but that Republicans will gain full control over Congress!
Furthermore, Barraud, who is the chief economist at Market Securities Monaco, says a Trump win will boost the economy short-term.
Here’s what he had to say on X:
🇺🇸 #USElection2024 | Looking at different metrics such as betting markets, polls, election modelers' forecasts, financial markets, as of now, the most probable outcomes are:
1️⃣ #Trump victory
2️⃣ #GOP clean sweep
*Polymarket: https://t.co/wHYuypGbPm
*Kalshi:… pic.twitter.com/RV2DlCw9Ft
— Christophe Barraud🛢🐳 (@C_Barraud) October 28, 2024
From The New York Post:
The “world’s most accurate economist” is predicting Donald Trump will win the presidency and that Republicans are likely to take full control of Congress on Nov. 5.
Christophe Barraud, the chief economist and strategist at Market Securities Monaco, also says a Trump win could boost the economy short-term but pose longer-term complications, particularly with the soaring deficit.
ADVERTISEMENT“Looking at different metrics such as betting markets, polls, election modelers’ forecasts, financial markets, as of now, the most probable outcomes are: [1] #Trump victory [2] #GOP clean sweep,” Barraud wrote on X.
Barraud, 38, has been ranked as the best economic forecaster for the US economy in 11 of the past 12 years by Bloomberg — earning him the nickname “world’s most accurate economist.”
The French economist said all signs point to a Trump victory and a GOP Senate takeover, and while the House of Representatives could be more tricky for Republicans to control, as of now, it appears they will be victorious.
Fox News added:
The “world’s most accurate economist” is predicting an Election Day victory for former President Trump, with Republicans also predicted to take back control of Congress in a “clean sweep.”
Christophe Barraud, the chief economist and strategist at Market Securities Monaco, also said U.S. growth would accelerate after the election.
“Looking at different metrics such as betting markets, polls, election modelers’ forecasts, financial markets, as of now, the most probable outcomes are: [1] #Trump victory [2] #GOP clean sweep,” he wrote on X.
Barraud, 38, has been ranked the best economic forecaster for the U.S. economy by Bloomberg every year since 2012.
Despite his prediction of economic growth, Barraud warned that if Vice President Kamala Harris gets elected with a split Congress, yields could drop because the market has already been priced in a Republican win. It would correct down, he added.
If Trump wins with Congress split between parties, his ability to cut taxes for corporations and households could be stalled, Barraud told Business Insider. Trump would therefore focus on tariffs, which could hurt global growth, he said.
ADVERTISEMENTThe most likely outcome, according to Barraud, is a Republican sweep of Congress.
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