Get Ready for President Clinton

We're still months away from the election, but my favorite political forecaster, Larry Sabato, has drilled down to important realities in The Electoral College: The Only Thing That Matters. He notes that it's too early to call the contest, but he finds Hillary Clinton to have a strong lead over either Donald Trump or Ted Cruz.

As I noted in my article, How Bad Will The New President Be For The Economy, a President Clinton would have difficulty implementing her program if at least one house of Congress is held by Republicans. If Clinton has coattails long enough to pull both houses to the Democrats, then it's time to re-think our economic and investment forecasts. But I'm not there yet.