Will Trump's Talk of a Rigged Election Keep Voters at Home? Markets Say No

Donald Trump's claims the presidential election is "rigged" have caused concern among pundits and politicians that voter turnout will be depressed. Those putting their money on Election 2016 aren't worried.
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Donald Trump's claims the presidential election is "rigged" have caused concern among some pundits and politicians that voter turnout will be depressed. Those putting their money on Election 2016 aren't so worried. The real estate magnate has made several assertions on the campaign trail that the November election will somehow be orchestrated against him. At Wednesday's presidential debate, he went as far as to suggest he might not accept the election's results should he lose. "I will tell you at the time," Trump told debate moderator Chris Wallace. "I will keep you in suspense." Some have voiced concern Trump's claims -- which are unfounded -- will keep voters at home on November 8, believing their votes won't count anyway. Investors in U.S.-based prediction market PredictIt, however, don't agree and still see voter turnout levels near or above 2008 and 2012. Money manager and columnist Doug Kass of Real Money Pro, our subscription-only site for investment professionals and active traders, wrote Thursday that a President Clinton and embittered Trump Republicans won't work well together on any U.S. fiscal stimulus. "If this occurs, expect market valuations to contract -- a potentially toxic development in a period of subpar global economic growth and given a fragile trajectory of U.S. corporate profits," Kass wrote. Click here for a free 14-day Real Money Pro trial and read his entire column.