What do you think of #Trump2024? Any impact on the stock market?

MillionaireTiger
2022-11-16
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Source: CNN

Trump is coming back, announcing a White House bid for 2024

In order to make America great and glorious again, I am tonight announcing my candidacy for president of the United States,” Trump said in Florida. Former President Donald Trump, aiming to become only the second commander-in-chief ever elected to two nonconsecutive terms, announced Tuesday night that he will seek the Republican presidential nomination in 2024.

This time, the U.S. midterm elections, we all think, the Republican Party will be Trump's crazy incitement, set off a "red wave". The Republicans took the House of Representatives, but the Senate, which is a must-have, lost big time. The Democrats have now taken 50 seats and locked up control.

Therefore, Trump‘s influence is getting worse, this time the performance is very disappointing. Now it depends on Trump's iron fan, how exactly to support him. After all, Trump lose Twitter this loudspeaker, the hearts of the people scattered, the team is hard to lead. In the 2024 U.S. presidential election, look what happens!

That said Biden, he is 82 years old in 2024 and another four years be 86 years old retirement. When he did his first term, he was already the oldest president in U.S. history.

Let's see how Biden compares to Trump on all metrics.

Source: factsarefirst.com

Source: factsarefirst.com

Source: factsarefirst.com

Statistically speaking, Biden is slightly better in terms of GDP and job growth. Trump, as a controversial former president, has been a combination of praise and criticism, but it must be admitted that he is still very successful as a businessman.

Any impact on the stock market?

The focus of conversation around Trump is, of course, his own company - $Digital World Acquisition Corp(DWAC)$.

If Trump is successful in his election, it will improve the prospects for industries that often benefit from Republican leadership, like coal and energy stocks, including Exxon $Exxon Mobil(XOM)$ and $Chevron(CVX)$, and defense stocks including $Lockheed Martin(LMT)$ and $Raytheon Technologies Corporation(RTX)$.

Never thought that Trump's words two years ago would become a reality...

What do you think of #Trump2024? Any impact on the stock market?

Source: New York Post

Trump 2024 - Impacts on Stock Market?
Trump announced Tuesday night that he will seek the Republican presidential nomination in 2024. The stock market annual return was unprecedented 11.8% during Trump's office; while the market continued to crash during Biden's administration. If Trump succeed, it will improve the prospects for industries like coal and energy and defense stocks. ---- [TOPIC] Do you expect Trump win 2024? Which sector may benefit from Trump's bid? --- [REWARDS] Join our topic and win at least 50 coins~
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Comments

  • Fenger1188
    2022-11-16
    Fenger1188
    Win 200 Tiger-coins
    感谢 @MillionaireTiger 精彩分享👍🏻特朗普宣布白宫竞选2024年是喜事,特朗普能与拜登对立。至少在未来的两年拜登可能会有多些贡献,因为如果他继续保持现在的态度。特朗普VS拜登2选一,我会选特朗普。虽然特朗普在任时,人民一堆怨言。不过如果他还在任,或许就不会有俄乌战争,股市也不会那么糟糕……因为他至少会救股市。预计特朗普有望上位,股市会大涨[开心][开心][开心]

  • Aqa
    2022-11-16
    Aqa
    Win 200 Tiger-coins
    #Trump2024 is good especially he launch it so early. The more candidates the better for the 🇺🇸voters. It is actually harder for him this third round. Historical data show that during election year, economic volatility from public policies tends to be contained within specific industries rather than affecting the general economy. It tends to be sector-focused. The share price of his company $Digital Workd Acquisition Corp(DWAC)$ has already surged +10% since he files to run in 2024. The 🐘Republicans-related stocks will also benefit leading to the election. It does not matter to me whether he will be the President at the end soong as the stock market improve during the process. Time to assemble our funds[USD][USD][USD]
  • MHh
    2022-11-16
    MHh
    Win 200 Tiger-coins
    Trump is a businessman. He will make sure the stock market is a bull one! At the next election, likely time to be able to cut rates too which is good for the stock market[Miser]
  • mster
    2022-11-17
    mster
    Win 200 Tiger-coins
    Who ever wins, the country deserve the the person they voted for.
  • TendousTendy
    2022-11-18
    TendousTendy
    Win 200 Tiger-coins
    Trump Candidates: siphoning votes from Republican candidates and letting Democrats win
    Same phenomenon should happen if he's running as a third party president
  • koolgal
    2022-11-17
    koolgal

    Donald Trump is a polarising figure. His declaration that he is running for 2024 presidency comes at a time when some of his fellow Republicans blame him for the dismal midterm election results. The candidates that he endorsed did not win.

    Trump is also linked to the Jan 6 2021 Attack on Capitol Hill. 

    New York Post calls him "Trumpty Dumpty" and his party has to put it back together again. 😁

    Trump will face an uphill battle to win back the White House now that there is Ron Desantis who won his Florida Governorship by a landslide.   Desantis has been galvanising much enthusiasm and raising money for the party.

    Donald Trump is like a champagne bubble that has fizzled out.  If he wins, Climate Change, US Sino relations will suffer.   He withdrew from the Paris climate accord and WHO.  He imposed USD 550 billion worth of tariffs on China.

    The markets will be better with a moderate US President that will promote world peace and free global trade.

    @MillionaireTiger  

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