In the Midst of Election Uncertainty, I Have a Ton of Questions (and I Want to Hear Yours)
Shah Gilani|November 4, 2020
Americans’ heads have been rolling since this morning.
Former V.P. Joe Biden leads President Donald Trump 248 electoral college votes to 214 votes, as of this morning’s latest count. It takes 270 votes to win.
Important “swing states” Michigan, Wisconsin, North Carolina, Pennsylvania, Georgia, and Nevada hang in the balance as I write this, with races in those states too tight to call.
But not exactly.
In the past, candidates with even the slim leads each is showing in states this morning, would have been declared “winners.”
This time around, the more than 100 million mail-in and absentee ballots cast by mail are being counted after polling-both data’s been calculated.
And that’s a problem, though others are sure to arise.
I have a ton of questions I’m asking about the election process, and I’m sure you do, too.
I want to hear from you. What questions are on your minds for me? Make sure you leave comments in the comment box at the bottom of this article on the website. I’ll address them all in Monday’s issue.
Here’s what’s eating me this post-Election Day morning…
A Thousand and One Questions
Should mailed-in ballots be counted if they’re not postmarked by November 3, 2020?
What if postmarks are illegible, should they be counted?
How long after November 3 should States collect mailed-in ballots? Three days after, as Pennsylvania allows? Or nine days after, as North Carolina allows?
The U.S. Supreme Court a week ago allowed extra time for mail-in ballots to arrive in Pennsylvania and North Carolina, but iy rejected calls for a similar extension in Wisconsin.
In doing so, some justices signaled they would invalidate late-arriving ballots after the election pending an appeal by Pennsylvania Republicans challenging acceptance of late-filed ballots.
The court said it wouldn’t expedite that appeal for resolution before the election. But according to Bloomberg, “… in an opinion for three conservatives, Justice Samuel Alito raised the prospect of accepting the GOP appeal and hearing the case later, perhaps shortly after the election. The bid for review ‘remains before us, and if it is granted, the case can then be decided under a shortened schedule,’ he wrote.”
Should the Supreme Court have ruled one way or the other to allow ballot collections post-Election Day?
Is the Supreme Court inserting itself into the process unnecessarily, or necessarily?
If the election comes down to a Supreme Court decision, should newly appointed Justice Amy Coney Barrett recuse herself?
Would a lopsided court decision favoring President Trump inflame political and societal divisions in the country? Would a questionable decision impair the court’s standing?
What might happen if a court decision favors Joe Biden and not Trump?
Is the problem mail-in ballots? Are States’ rights to fashion how balloting works a problem?
Is the problem the Electoral College? Is it a relic, or does it function as the Founding Fathers envisioned it should, and is it fair?
What else don’t we know about ballot-stuffing, voter suppression, or fraud?
How do we as a nation fix all these problems?
And those are just a few… I’ve got more questions, what about you? What are your questions for me? Leave your questions in the comment box below, and I’ll do my best to address them all in Monday’s Total Wealth.
What to Do Now
In the meantime, while we wait to figure out our next moves (and the market’s), there is one thing you can do to ensure you have what I believe to be the best moneymaking opportunities out there.
Look, there’s a lot of noise out there right now. And I’m not here to contribute to that. I’m here to give you only the information you need to potentially make your life more profitable.
So, I’ve compiled a no-B.S. list of 50+ stocks for you to consider buying and kicking to the curb right now. Adding these stocks to your portfolio and cleaning out others is one of the best ways to ensure that you’re set up for a chance to profit, no matter who wins the election – whether we get those results this week, next week, or by December.
You might want to grab a pen and paper or pull up the Notes app on your phone, I go through this list pretty quickly.
Sincerely,
Shah