Hillary Clinton (NASDAQ: HRCL) has been in a protracted bear-market now. Here is a view of the wreckage. The number of Democratic Party voters who say they are voting for her in the primaries (using RCP poll average):
June 23: 62.4%
July 23: 57.8%
August 23: 49.3%
September 23: 40.5%
Some people are saying that is going to bottom sometime soon. Yes, it will have to bottom out at some number. After all, a certain percentage of voters will vote for her no matter what she says or does, just as some GOoPers will vote for Trump no matter what he says or does.
However, so far, I don't see any signs of a bottom. After all, Clinton has dropped from 44.7 to 40.5 in just one week! If anything, the decline seems to be accelerating. The initial drop in support was 4.6 out of 62.4 i.e. 7.4% of the support was lost. The later drops are worse: 14.7% (the fall from 57.8 to 49.3) and now 17.8% (the fall from 49.3 to 40.5). And the fall in the last week was 9.4% (from 44.7 to 40.5)
Of course, the usual explanation is that the likelihood of Biden joining the race is mostly to blame. But other than the media speculation, there is no real indication that Biden will join the race. More importantly, what is the reason that Clinton voters are deserting her and going over to a non-candidate like Biden, if that is what is happening?
And if this is what is happening with Democratic primary voters, can you imagine what is going on with the independent voters? (let's not count GOoPer voters who would not vote for Clinton anyway). Especially when they see that the drip, drip, drip of the email saga continues, now that the FBI is saying they have recovered Clinton emails that were thought to have been "lost".