Photo: Andrew Spear/Getty Images

President Trump has a good shot at re-election 2020, according to multiple economic models maintained by market strategists that "tend to ignore election polls and personal characteristics of candidates" and instead focus on the strength of the economy and advantages held by incumbent presidents, Politico reports.

Our thought bubble, per Axios' Dion Rabouin: Despite growing fear on Wall Street, economists predict the economy will keep humming along, so that should provide a boost to Trump's re-election chances. One caveat is that Trump's policies have worsened income inequality and raised prices, which a savvy opponent will be able to use to their advantage.

Yes, but: A sharp decline in economic growth or an unemployment increase by next year could dash Trump's potential chances. For example, the pace of jobs growth slowed significantly in February, but that pullback was expected.

Go deeper: Traders have no faith in long-term U.S. growth or inflation

Go deeper

Felix Salmon, author of Capital
22 mins ago - Economy & Business

Wall Street is living up to its bad reputation

Illustration: Sarah Grillo/Axios

Recent headlines will have you convinced that Wall Street is hell-bent on living up to all of its stereotypes.

Driving the news: Goldman Sachs is the biggest and the boldest, paying more than $5 billion in fines in the wake of the 1MDB scandal, in which billions were stolen from the people of Malaysia.

48 mins ago - Health

Ex-FDA chief: Pence campaigning after COVID exposure puts others at risk

Former FDA commissioner Scott Gottlieb said "the short answer is yes" when asked whether Vice President Mike Pence is putting others at risk by continuing to campaign after several aides tested positive for COVID-19, stressing that the White House needs to be "very explicit about the risks that they're taking."

Why it matters: The New York Times reports that at least five members of Pence's inner circle, including his chief of staff Marc Short and outside adviser Marty Obst, have tested positive for the virus. Pence tested negative on Sunday morning, according to the VP's office, and he'll continue to travel for the final stretch of the 2020 campaign.

Pence to continue traveling despite aides testing positive for COVID-19

Marc Short with Pence in March. Photo: Drew Angerer/Getty Images

Marc Short, Vice President Mike Pence’s chief of staff, tested positive for the coronavirus Saturday and is quarantining, according to a White House statement.

Why it matters: Short is Pence's closest aide, and was one of the most powerful forces on the White House coronavirus task force. Pence and second lady Karen Pence tested negative for the virus on Sunday morning, according to the vice president's office.