The Hidden Economic Opportunity in the Election Chaos Editor’s Note: Hi, all. Luke Lango here.
It's no secret that I am immensely bullish on the red-hot AI Boom. As such, I've been closely following the U.S. Presidential election and what its outcomes mean for us.
My InvestorPlace colleague and Wall Street legend, Louis Navellier and Charles Sizemore, have been following the AI theme and the U.S. election as well.
Both are confident that chaos is going to grip the nation – and the stock market – in the days and week’s following the presidential election. That’s why Louis and Charles are putting together “The Day-After Summit” just days before that chaos hits, on Tuesday, October 29, at 7 p.m. Eastern Time.
With this potential game-changer just around the corner, now is the time to prepare.
So today, I will be sharing an essay I wrote about the upcoming election and how to best prepare for what is likely to be a very volatile market. I hope you enjoy it and reserve your spot for that presentation by going here. In the 1990 film “The Two Jakes,” legendary actor Jack Nicholson says one of my favorite lines: You can follow the action, which gets you good pictures. You can follow your instincts, which will probably get you in trouble. Or, you can follow the money, which, nine times out of ten, will get you closer to the truth. I love that quote. In my experience, people say all sorts of things. Sometimes they mean it. Sometimes they don’t. But they almost always put their money where their true beliefs lie—and that's why I "follow the money" on Wall Street. Right now, the money is bracing for what could be the most hotly contested election in modern history. Regardless of who wins—Donald Trump or Kamala Harris—the aftermath is poised to unleash unprecedented market volatility. Both candidates are unlikely to concede quietly, setting the stage for extensive legal battles and political turmoil. This high-stakes political showdown mirrors a rivalry in the tech world between two titans: Elon Musk and Sam Altman. The two tech magnates have become proxies in this election, and depending on who wins, it could have wide-reaching effects for your portfolio... Musk, much like Trump, is a disruptor who challenges the status quo, pushing boundaries in industries like electric vehicles and space exploration. Altman, akin to Harris, advocates for innovation with ethical considerations, steering the rapid advancement of artificial intelligence with a steady hand. A Trump victory could amplify Musk's bold ambitions, potentially reducing regulatory hurdles and fostering an environment ripe for his ventures. Conversely, a Harris win might bolster Altman's vision of responsible AI development, aligning with policies that emphasize oversight and societal benefit. For investors, this means one thing: volatility—and plenty of it. Volatile markets and times of crisis are great for traders because they create huge moves that play out over the short term. A shift that might unfold over 12 months in a calm market can happen in 12 days during turbulent times. That's why it's crucial to position yourself now. At our upcoming summit, we'll show you how to navigate these uncertain times and turn market chaos into profits. Because if you don't, you risk getting caught in the market's whipsaw. The Proxy Battle Between Altman and Musk In the intricate dance of politics and technology, sometimes the lines blur, and we find ourselves witnessing a grand proxy battle that extends beyond ballots and into the boardrooms of Silicon Valley. This upcoming election isn't just about who will sit in the Oval Office; it's a reflection of a deeper ideological clash between two tech titans—Sam Altman and Elon Musk. Sam Altman, the CEO of OpenAI, has been a consistent supporter of Democratic politicians for years. His donations paint a clear picture of his political leanings. In 2019, Altman contributed $5,600 to Kamala Harris during her primary run, and he's backed other prominent Democrats like Elizabeth Warren, Joe Biden, and Pete Buttigieg. His support isn't just limited to individual candidates; he's funneled substantial funds into Democratic committees in key swing states like Michigan, Wisconsin, Pennsylvania, and Georgia. Why does this matter? Because Kamala Harris, now the presumptive Democratic nominee following President Biden's decision not to seek re-election, embodies many of the progressive ideals that align with Altman's vision for technology and society. Harris has been a vocal advocate for responsible innovation, data privacy, and ethical AI development—all core tenets that resonate with Altman's approach at OpenAI. On the other side of the spectrum, we have Elon Musk, a figure who needs no introduction. Musk's relationship with Altman has evolved from collaboration to rivalry. After co-founding OpenAI together in 2015, Musk departed in 2018 due to differing visions and has since launched his own AI venture, xAI. Musk's approach is bold and unorthodox, much like his political inclinations. Both Musk and Trump advocate for less regulatory interference, which could accelerate technological advancements but also raise concerns about oversight and ethical considerations. This sets the stage for a high-stakes proxy battle. A victory for Kamala Harris doesn't just signify a political win for the Democrats; it symbolizes a triumph for Altman's vision of AI—a future where innovation is balanced with responsibility. Policies under a Harris administration could favor increased regulation on AI development, emphasizing ethical considerations that align with OpenAI's mission to ensure that artificial general intelligence benefits all of humanity. Conversely, a win for Donald Trump could pave the way for a more laissez-faire approach to technology and business. This could benefit Elon Musk's ventures by reducing regulatory hurdles and encouraging a free-market environment where rapid innovation is prioritized over cautious development. Musk's xAI could flourish in such a landscape, pushing the boundaries of AI without the same level of governmental scrutiny. As we approach what might be the most contentious election in modern history, the stakes have never been higher. Political uncertainty, coupled with this technological tug-of-war, is set to inject substantial volatility into the markets. But remember, volatility isn't something to fear—it's something to leverage. Just as we've seen money flow into AI stocks amidst this rivalry, savvy investors can find opportunities in the turbulence. At our upcoming summit, we'll delve deeper into how these macro events intertwine with market movements. We'll equip you with the insights to navigate this complex landscape, turning potential chaos into strategic gains. Because in times like these, following the money—and understanding the forces behind it—can bring you closer to the truth and, more importantly, closer to potential profits. But first, we need to better understand the rivalry between Musk and Altman… From Partners to Rivals in the AI Revolution Once collaborators with a shared vision, Elon Musk and Sam Altman have become rivals leading competing AI ventures. Back in 2015, Musk and Altman co-founded OpenAI alongside Silicon Valley heavyweights like Peter Thiel, Reid Hoffman, and Jessica Livingston. The goal was ambitious: to develop artificial intelligence in a way that benefits all of humanity. They established OpenAI as a nonprofit organization committed to transparency and open-source principles. At the time, Musk was vocal about his concerns regarding AI, famously calling it the "biggest existential threat" to humanity. He believed that while AI could bring unprecedented benefits, it also had the potential to cause significant harm if misused or developed irresponsibly. In 2018, Musk stepped down from OpenAI's board of directors. Official statements cited potential conflicts of interest as Tesla (TSLA) intensified its focus on AI technologies. However, reports suggest that Musk's departure was also due to disagreements over the company's direction. He had proposed taking over leadership to accelerate progress and compete with tech giants like Google. When his offer was declined, he withdrew his funding commitments and parted ways. Following his exit, Musk didn't hold back his criticisms. He expressed concerns that OpenAI was deviating from its original mission of openness and had become more secretive and profit-driven, especially after transitioning to a "capped-profit" model and securing substantial investments from Microsoft. In tweets and interviews, he lamented that OpenAI was no longer the open-source, nonprofit organization he had helped to establish. Meanwhile, Sam Altman took the helm at OpenAI, steering the company through groundbreaking developments, including the release of ChatGPT. Under his leadership, OpenAI continued to push the boundaries of what's possible with AI, attracting significant attention and investment. Altman maintained that despite changes, the organization's core commitment to benefiting humanity remained intact. The tension escalated when Musk announced his own AI venture, xAI, in 2023. This move signaled a direct challenge to OpenAI and highlighted the growing rivalry between the two visionaries. Musk's new company aims to develop AI technologies that are not only advanced but also aligned with his vision of safety and beneficial outcomes for humanity. Adding another layer to their complex relationship, Musk, along with over a thousand other tech leaders, signed an open letter calling for a six-month pause on training advanced AI systems. The letter cited profound risks to society and humanity. Critics noted the irony, as Musk was simultaneously ramping up efforts with xAI. Altman has often taken a more measured public stance. Despite Musk's critiques, he has expressed respect for Musk, even calling him one of his heroes. "I think he really does care about a good future with AGI," Altman said, acknowledging that while they may have differences, they share a concern for the future of artificial general intelligence. This rivalry isn't just a personal feud ... Musk embodies the bold disruptor, unafraid to challenge norms and push boundaries, much like certain political figures who shake up the establishment. Altman represents a steadier approach, emphasizing both innovation and ethical considerations at the forefront. What a Harris Victory Means for Sam Altman An administration under Harris is likely to prioritize substantial investments in AI infrastructure. And Altman's OpenAI is already paving the way for this future. The company is exploring partnerships to construct a new generation of AI-specific data centers—massive facilities several times larger than any existing today. These centers would process unprecedented amounts of data, requiring significant advancements in computing power and energy resources. Building these data centers could create tens of thousands of jobs, stimulate GDP growth, and lead to the modernization of the power grid with renewable energy sources like wind, solar, and nuclear. States across the country stand to benefit: - Texas could see over 48,000 jobs and a $20 billion boost to its economy.
- West Virginia might gain 32,000 jobs and $16 billion in economic growth.
- Wisconsin could experience 38,000 new jobs and an additional $16 billion to its GDP.
These investments could catalyze a reindustrialization of the U.S., fostering AI hubs in collaboration with public universities and tailoring advancements to key industries like agriculture and energy. To achieve this, Altman advocates for bold, strategic actions: - Creating "AI Economic Zones": Accelerate permitting processes for infrastructure projects, making it easier to build renewable energy facilities and reactivate dormant nuclear reactors.
- Enhancing Federal Support: Increase federal spending on power and data transmission, establishing a "National AI Infrastructure Highway" to connect regional grids and bolster national security.
- State-Level Initiatives: Encourage states to provide subsidies or assistance for infrastructure projects, ensuring a portion of computing power benefits public institutions and local industries.
A Harris win could be instrumental in realizing these initiatives, aligning policy with Altman's vision of ushering in "The Intelligence Age," where AI drives unprecedented scientific and economic advancements. What a Trump Victory Means for Elon Musk On the flip side, Elon Musk has emerged as a significant supporter of Donald Trump's campaign. Through his political action committee, America PAC, Musk has pledged substantial financial backing and is actively campaigning in pivotal swing states. Trump has hinted at Musk playing a crucial role in his potential administration, too. At a recent event, Trump announced plans to appoint Musk to lead a government efficiency commission tasked with auditing federal agencies and recommending sweeping reforms. Musk could wind up with significant influence over regulatory bodies that oversee industries critical to his ventures, such as automotive, aerospace, and energy. Musk has expressed a keen interest in reshaping regulations, particularly those affecting self-driving cars—a move that would greatly benefit Tesla. By potentially reducing regulatory hurdles, Musk could accelerate innovation and deployment of autonomous vehicles, solidifying his companies' market positions. However, this close partnership raises questions about conflicts of interest and the balance of power between private enterprise and government oversight. Critics argue that such an arrangement could challenge the effectiveness of regulatory agencies and the safeguards they provide. For investors, the divergent paths presented by a Harris or Trump victory are a study in contrasts—and opportunities. A Harris win could lead to massive investments in AI infrastructure, benefiting companies focused on responsible AI development, renewable energy, and data management. The emphasis on ethical innovation and widespread economic growth aligns with sectors poised for long-term stability and expansion. Conversely, a Trump win might favor deregulation and aggressive advancement in industries where Musk's companies are leaders. Reduced oversight could expedite developments in autonomous vehicles, space exploration, and advanced manufacturing, potentially yielding rapid returns but also introducing higher volatility and regulatory risks. The intersection of politics and technology has never been more pronounced. The election's outcome will not only shape policy but also determine which vision of the future takes precedence—a future of measured, inclusive growth or one of bold, unrestrained innovation. As investors, understanding these dynamics is crucial. The market is primed for significant movements, and those who can anticipate and adapt to these shifts stand to gain the most. Uncertainty and volatility, while often perceived as risks, are also catalysts for opportunity… The Final Word While most pundits are laser-focused on Election Day, they're missing the bigger picture. The real story unfolds the day after—Nov. 6—when the uncertainty, political strife, and market volatility truly begin. Not only are we staring down the barrel of a potentially contested election, but the Fed is also set to decide on interest rates, adding yet another layer of unpredictability. In short, the Age of Chaos is about to enter warp speed in America. As investors, this is not the time to sit on the sidelines. Louis Navellier and Charles Sizemore are both anticipating the market's "fear gauge," the VIX, to double or even triple as the stock market whipsaws. But remember, with great volatility comes great opportunity. That's why Louis and Charles are hosting "The Day After Summit" on Tuesday, Oct. 29, at 7 p.m. ET. Louis Navellier, one of the most renowned growth investors of our time, will lead the charge. He'll be joined by Charles Sizemore, the Chief Investment Strategist of the Freeport Society. Together, they'll unveil strategies to not just weather the coming storm but to turn market chaos to your advantage. As Louis will share during the summit: "We believe you’ll not only have the rare chance to triple your money or more in a matter of weeks… but also avoid the massive losses that will be triggered by the market reaction we see coming." This isn't hyperbole; it's a reflection of the unprecedented times we're in. If you follow their recommendations, you stand to make significant gains. If you fail to act, you risk watching your portfolio get caught in the market's crossfire. The solution lies in their proprietary system, which tracks massive money flows into stocks from deep-pocketed Wall Street investors. The bigger the money flowing into a stock, the more confidence we have that it's poised to move higher. It's an effective system that, in back-tests going back to 1990, has outperformed the S&P 500 by a staggering 6-to-1. But time is of the essence. If you don't sign up, you risk being unprepared as the markets whipsaw—especially if you're new to investing. Don't let this opportunity pass you by... Click here to join us on Tuesday, Oct. 29, at 7 p.m. ET for "The Day After Summit." Because in the end, it's not about simply following the action or your instincts... It's about following the money… And the smart money is betting on the days after the election. Sincerely, | 
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