It is time to take seriously the possibility that Sen. Elizabeth Warren could end up as the Democratic presidential nominee. She has moved into a virtual tie with former Vice President Joe Biden in the average of recent national surveys. She leads him narrowly in Iowa, trails by a small margin in New Hampshire, and has moved within striking distance in Nevada. If she does this well in the first three contests, Mr. Biden’s South Carolina firewall could prove less than impregnable. For those who believe in the wisdom of crowds, the betting markets give Ms. Warren a roughly 50% chance of winning the nomination, compared...

Source: Wall Street Journal October 08, 2019 23:03 UTC