Jim Rickards Tells Readers: “Prepare for Mid-Term Meltdown”
Jim Rickards is back with another warning. And this one is aimed at the mid-term elections and the financial markets.
Rickards is known in some political and financial circles for calling Donald Trump’s 2016 win before Election Day. At the time, many experts and election models were telling Americans to expect a Hillary Clinton victory. One major model reportedly gave Clinton more than a 99% chance of winning right up until election night.
That did not happen.
Rickards, a former advisor to the CIA, the Pentagon, and the White House, went on television before the vote and said Trump would win. That prediction got a lot more attention after the results came in.
Now he is pointing to another possible shakeup. This time, the warning is tied to the mid-terms. The message being promoted is simple and direct: “Prepare for Mid-Term Meltdown”.
The source article says Rickards believes the coming political moment could send shockwaves through financial markets. It does not lay out the full details of his forecast in the text provided, but the pitch is clearly aimed at readers who follow politics, markets, and election-year volatility.
That kind of warning is not unusual during major election cycles. Markets often react to uncertainty. Investors watch control of Congress, federal spending fights, tax policy, regulation, energy policy, and foreign policy risk. When the balance of power looks like it could shift, Wall Street pays attention.
Still, readers should be careful with any market prediction, even from someone with a strong past call. One correct election forecast does not make every future forecast guaranteed. Political outcomes can be messy. Market reactions can be even messier.
The original post also includes a note saying the information is for informational purposes only and should not be considered financial advice. It also states that Gateway Pundit benefits from purchases made through sponsors.
So the big idea is this: Rickards, who gained attention for predicting Trump’s 2016 victory, is now warning that the mid-terms could bring serious market turbulence. Whether that warning proves right is something readers will have to watch closely as the election cycle unfolds.