What do you think of #Trump2024? Any impact on the stock market?
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
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Same phenomenon should happen if he's running as a third party president
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
特朗普既將回归.对于參加2024 大选.其团隊可能会开始展开一系列的活力.特朗普与拜登再次对決. 如果特朗普当选对于股市有望大漲 .
谢谢Millionaire Tiger的分享 特朗普2024年大选中再戰一场 有望上位,对股市大涨 牛市可能会看到反弹,也会受到政治影响,希望有更好的候选人出现.
His disregard for democracy, except if it is to his benefits, and spread of misinformation to his advantage only causes chaos and divisions among mankind.
While selective US stocks may outperform in his presidency, such as oil and gas industry, given his push for revival of extensive drilling for oil exploration and extraction as well as ignorance on climate change, I feel that world economy and mankind will actually retreat under his leadership.
Should Trump really ”triumph” the Democrats during the 2024 elections, we might see a rally as Trump is perceived to be pro business. Expectations are that he is likely to introduce policies that are in favour to businesses.
However, Trump may be unpredictable and extreme as well. The trade war in 2018 is a good testament to that
Trump will make history if he gets elected by becoming the first US president to be re- elected after losing.
US market could go up again as I feel. Isn't him the first president to visit North Korea? Trade and relations with other countries could improve with will be good for US economy I think.
@Aqa join in the discussion here [Happy] [Happy]
@Ultrahisham @Mrzorro @BenjiFuji @LMSunshine @Tiramisu2020