Murdoch dumps Trump

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Via Crikey:

Murdoch watchers are about to see in real life how Lachlan handles the dilemma his father regularly faced: how to choose between the political right (in this case, Trump) and the likely political winner (almost certainly not Trump).

It’s not just the polls, with averages currently showing Joe Biden up about 10%. It’s the perceptions leaking out of the Murdoch family bunker on New York’s Sixth Avenue — the same building that houses the headquarters of both Fox News and News Corp’s The Wall Street Journal and New York Post.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.