"Bernie Sanders in inficting serious damage on her," Valliere said. Bernie lovers hate Wall Street and that won't go away after the election. Sanders has "planted the seed that she is the candidate of Goldman Sachs."

Will the young people turning out in huge numbers for Sanders turn out for HC? It's not clear, but it is reasonable to expect some percentage of them won't.

Then there is a good probability that former president Bill Clinton could turn out to be more of a liability than pundits expect. On an almost weekly basis, he "shoots off his mouth" again and again, angering key Democratic constituencies like Sanders voters (they want to "shoot one out of every three people on Wall Street") and Black Lives Matter. He has demonstrated repeatedly that he has no self-control.

DT, who has huge negative ratings among females, "has made it clear he will go after" the former president. He has even compared Bill Clinton to Bill Cosby. HC will face allegations she was an enabler.

HC's woes don't stop there. Valliere thinks she'll sail by Benghazi.

Her personal server is another matter. There are 120 FBI agents working on the case and if she gets away scot-free, who would be surprised if a few agents who worked night and day on the case starting talking to the press after seeing all their hard work go to naught.

Valliere didn't think HC's actions were as serious as Gen. David Petraeus, who got off with a misdemeanor. Instead, he compared to Bill Clinton's former CIA director, John Deutsch, who simply lost his security clearance. Imagine a president without security clearance.

Though Valliere believes HC will probably win, DT remains "the mother of all uncertainty." He has promised a trade war with China and could do a lot through executive orders. He would also have major friction with Fed Chairman Janet Yellen. Wall Street would like neither outcome.

DT's "rhetoric towards the markets themselves sounds like [Massachusetts Senator] Elizabeth Warren]." His $10 trillion tax cut would keep the Treasury Department busy selling bonds.

What about an HC presidency? She displayed some skill at wheeling and dealing during her years in the Senate.