Sep 16, 2018

Danger signs for Bernie, Warren in 2020

Sen. Elizabeth Warren rallies in Cambridge, Mass., on Sept. 9. Photo: Scott Eisen/Getty Images

"HUGE lesson for Dems in 2020 from the primary results," Josh Kraushaar, National Journal's politics editor, tweeted Sunday morning.

The big picture: There's a "limited audience for a white progressive (like Warren/Sanders) outside of a narrow ideologically-driven base ... huge opportunity for someone like Kamala Harris to build multi-racial coalition."

Josh elaborates on this dynamic in his "Against the Grain" column, "Identity, Not Ideology, Driving the Democratic Party."

"White progressives badly underachieved in Democratic primaries for governor. African-American progressives dominated."

"Warren ... faces similar obstacles as her like-minded white progressive counterparts in the states. There’s a long history in Democratic presidential primaries of the so-called 'wine-track' candidates — Howard Dean, Bill Bradley, Gary Hart among them — generating early hype but underachieving because they failed to win support from non-white voters. Bernie Sanders had a similar problem in 2016."

Go deeper

Dion Rabouin

Backed by the Fed, bond investors get bullish

Illustration: Sarah Grillo/Axios

The Fed's massive injections of liquidity have reopened much of the bond market, and after back-to-back weeks in which more than $100 billion flowed out of bond funds, investors have regained their bearings and now see opportunity.

What's happening: But after the hemorrhaging outflows relented last week, bulls may now be sticking their heads out a bit too far. Junk bond funds took in more than $7 billion for the week ended April 1, according to Refinitiv Lipper, setting a new weekly record.

Go deeper26 mins ago - Economy & Business

Jim VandeHei, Mike Allen

What top CEOs fear telling America about the coronavirus shutdown

Illustration: Eniola Odetunde/Axios

Top CEOs, in private conversations and pleas to President Trump, are warning of economic catastrophe if America doesn't begin planning for a phased return to work as soon as May, corporate leaders tell Axios.

Why it matters: The CEOs say massive numbers of companies, big and small, could go under if business and government don't start urgent talks about ways groups of workers can return.

Go deeper3 hours ago - Economy & Business

Caitlin Owens

Health care workers vs. the coronavirus

Photo Illustration: Sarah Grillo/Axios. Photos: ANGELA WEISS/AFP via Getty Images, Bruce Bennett/Getty Images, and Europa Press News/Europa Press via Getty Images

Health care workers are at an especially high risk of catching the coronavirus, because of their prolonged exposure to patients who have it. Making matters worse, the U.S. doesn't have enough of the protective equipment, like masks and gloves, that keeps them safe.

And yet these workers, with loved ones of their own, keep showing up at hospitals across the country, knowing that more Americans than they can possibly care for are depending on them.

Go deeper3 hours ago - Health