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 historical comparison is made regarding Trump's candidacy?

What would be the potential market reaction if Trump's chances of winning were perceived as equal to Hillary Clinton's?