Top Stories
Top Stories
Elections

Why Donald Trump's odds in November may be better than expected

Breakingviews
Fiona Maharg-Bravo
VIDEO3:5503:55
Don't discount Trump: Pundits
VIDEO4:4704:47
Trump's supporters 'locked in': Surrogate
VIDEO5:2805:28
As a stock, Trump is underowned: Strategist

Financiers may want to keep more than just one eye on Donald Trump. The bellicose real estate mogul all but sewed up the Republican U.S. presidential nomination with a victory in Indiana on Tuesday night. Wall Street luminaries attending Michael Milken's annual gathering expressed some unease, but Carlyle Group's David Rubenstein also noted that the markets are pricing in a Hillary Clinton victory. The odds can swing quickly, as Trump doubters have learned.

Trump's success in the Hoosier State forced his main competition in the party, Texas Senator Ted Cruz, to drop out. That should pit the billionaire against Clinton, who has a secure path to the Democratic nomination despite a loss in Indiana to Vermont Senator Bernie Sanders.