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Home › Forums › Trading Ideas › Mr. Trump is the 47-th President of the United States of America
Here we go. What we can expect from recent victory of Donald Trump ? My view is the following:
1. Cryptos – very bullish, because of general positive attitude, Elon Musk involvement in Trump’s Presidential campaign and remenber, which President congratulated first ? Nayib Armando Bukele Ortez, San Salvador = BTC.
2. Oil – I’m quite pessimistic on it, since one of Mr.Trump’s slogans “Drill, baby, drill”, increase in oil production plans from major oil exporters, new players like Brasil will join the club soon and again Mr.Musk with his electric mania.
3. Gold – Neutral. Its still a good hedge on geopolitical risks, and we see historical maximums , I believe that Mr.Trump is capable to eliminate most of the world tensions (Russia, Palestine, Iran, Norrth Korea). Besides, low interest rates will make gold less shiny.
4. Stocks – I’m very positive about the US stock market, because of all previous factors and successful previous term of Mr. Trump.