The deeper one digs into Trumps past the worse things tend to get for his election chances. So it's no wonder Trump is failing to release his tax returns which would likely show that he is a FAKE billionaire i.e. probably has zero net worth or worse. Anyway the latest that the anti-Trump media establishment has been able to dig up is a lewd audio tape from a decade ago, and it really is shocking to hear! Especially so for the republican bible belt!

"I moved on her like a *****, but I couldn't get there. and she was married."

In reference to TV presenter Adriana whom he was meeting

"I better use some Tic Tac's just in case I start kissing her."

"You know I'm automatically attracted to beautiful - I just start kissing them. It's like a magnet. Just kiss. I don't even wait."

"And when you're a star they let you do it. You can do anything. Grab them by the *****. You can do anything."

The audio tape leak is having a disastrous impact on Trumps chances of winning more so than anything to date! Not even the tax returns come close to this! So all of the hard work done by Mike Pence in beating Tim Kaine in the Vice Presidents debate has all been undone.

Whilst the opinion polls still show little shift with Hillary on 45% and Trump on 41%. However, the betting markets such as betfair had witnessed a steady fall in the probability for a Trump election win. For instance just prior to the 1st Presidential debate Trump had rallied to his best standing of 2.88, immediately following the 1st debate that had widened to 3.35, and peaking at 4.05 just prior to the VP debate which converted into just a 21% probability of winning the election, down from a peak of about 35%. Post the VP debate the odds had marginally shifted in Trumps favour by falling to 3.80. But now after the leaked audio tape, all that hard work has been undone sending Trump's betfair price to 4.8 against Hillary on 1.32.

US Presidential Election 2016 Betfair Market

Date	Time (BST)	Hillary	Trump	Comments
25th Sept		1.58	3.05	Trending in Trumps favour
27th Sept	2am	1.57	2.88	Trump peaks just prior to the start of the 1st debate
27th Sept	4am	1.44	3.35	Just after the 1st debate confirming Trump lost.
30th Sept	3am	1.45	3.45	Odds continuing to move against Trump election win
30th Sept	9pm	1.39	3.75	Accelerating meltdown of Trump odds
1st Oct	2pm	1.37	3.85	Still little sign of Trump recovery
4th Oct	9pm	1.35	4.05	Trump continues losing trend
5th Oct	5am	1.36	3.90	Pence wins VP debate
7th Oct	5pm	1.38	3.8	Recovery continues
8th Oct	12pm	1.32	4.8	Effect of leaked audio tape of Trump Groping women

In recent video analysis I gave several suggestions of what Trump could do to reverse his losing streak going into the second debate and where I warned of his achilles heel being his tax returns and the Trump organisation that lacked financial transparency which if revealed could blow his chances of winning the election as illustrated by the NYT story. Whilst step 2 was to stop attacking women and minorities which the audio leak worsens his standing in respect of.

For the reality of what a Trump Presidency would actually look like see -

My forecast of several weeks ago concluded who most probably would win the election to become the next US President, which I said I would revisit closer to election day, and which given what has subsequently coming to pass I will definitely be doing so.

By Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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