Evercore's Altman on Mitt Romney's Donald Trump Speech

The transcript discusses the political landscape during the 2016 U.S. presidential election, focusing on the Republican Party's concerns about Donald Trump's candidacy. Mitt Romney's speech criticizing Trump is highlighted, reflecting fears of a potential down ballot disaster for Republicans. The discussion also touches on market reactions and predictions, with betting markets favoring Hillary Clinton's chances of becoming president.

What is the main concern of the Republican establishment regarding Donald Trump's candidacy?

• His potential to unify the party

• His stance on economic policies

• His ability to win the general election

• The possibility of a down-ballot disaster

How is Trump's rise compared to a historical political event?

• Reagan's election in 1980

• Clinton's impeachment in 1998

• Nixon's resignation in 1974

• Goldwater's candidacy in 1964

What is the potential impact of Trump's candidacy on the Democratic Party?

• Gain of the White House

• Historic victories across various levels

• Increased support from the business community

• Loss of the Senate

What do political betting markets indicate about the likelihood of Hillary Clinton becoming president?

• 50%

• 75%

• 60%

• 90%

What might happen to financial markets if Trump's chances of winning were seen as equal to Clinton's?

• A negative market reaction

• No change in market reaction

• A positive market reaction

• Increased market stability