Most major global financial assets have reacted as largely expected to Donald Trump's victory in the U.S. presidential election earlier this month, as market participants across the globe have digested the potential implications of the American politician's second term. See the chart below for a roundup of the gains and losses in some selected assets: Things to be gleaned from the chart: U.S. outperformance continues with Wall Street marching higher. Meanwhile, European and Asian equities have shown weakness as traders fret over Trump's proposed trade policies including his promise of levying more tariffs - predictably, the Chinese indexes have fallen the most. Yields in Germany and the UK have slipped as market participants have turned to the safety of bonds. The dollar index has strengthened, as the greenback is seen to benefit from a low-tax and high-tariff environment under a second Trump administration. "Since the U.S. election, global markets have probably reacted as you’d have expected if you were concerned about the new administration's trade policy, and if you thought U.S. exceptionalism would continue," Deutsche Bank's Jim Reid said on Thursday. "Obviously, a lot of people have mentioned the 2016 playbook. But it’s worth remembering that the S&P 500 was only up +1% in the 18 months before election day 2016, so there was a lot of room to catch up after a sluggish period. By contrast in 2024, the index was up +40% in the 18 months before the election, so building on that would be historically impressive even if continued U.S. exceptionalism remains the main market take from the election so far," Reid added. There have been some assets that have seen an outsized advance or retreat. See the chart below: Bitcoin ( BTC-USD ) has quickly cemented its place as one of the most prominent "Trump trades" following the Republican candidate's election victory. Its advance has come after Trump embraced the crypto during his election campaign and became the first-ever major U.S. party nominee to accept donations in bitcoin ( BTC-USD ) and other cryptocurrencies. Meanwhile, Tesla ( NASDAQ: TSLA ) stock has soared on hopes that top boss Elon Musk's close relationship with Trump could translate into a benefit for the electric vehicle maker. Speaking of electric vehicles, stocks and exchange-traded funds tied to renewable and solar energy have come under pressure, amid worries that the Republicans would take a much harder stance towards renewable energy projects and spending than the Biden administration. Wall Street on Friday ended the week higher, helped by steady gains as the S&P 500 ( SP500 ) rebounded following a dip post the election. Here are some exchange-traded funds of interest that track the benchmark index: ( VOO ), ( IVV ), ( NYSEARCA: RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), and ( SPXU ). For investors looking to follow the federal government through market instruments, here are some politically driven Republican and Democratic ETFs: God Bless America ETF ( YALL ) American Conservative Values ETF ( ACVF ) Point Bridge America First ETF ( MAGA ) Democratic Large Cap Core ETF ( DEMZ ) Unusual Whales Subversive Democratic ETF ( NANC ) Unusual Whales Subversive Republican ETF ( KRUZ ) More on the markets Asset Class/Key ETF Performance Since Election Day 2024 FTSE 100: When Rates Drop, Stocks Pop UBS upgrades U.S., UK equity markets, downgrades Europe As bitcoin flirts with $100K, see what some SA Analysts are saying Chinese stocks and ETFs slide amid Trump victory as higher tariffs are anticipated
King Elon could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. King Elon (KINGELON), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because KINGELON is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, King Elon can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to
The SHIB burn rate increased by over 4100%, attracting market attention. Experts predict significant price increases for Shiba Inu in the near future. Continue Reading: Recent Surge in SHIB Burn Rate Boosts Price Expectations The post Recent Surge in SHIB Burn Rate Boosts Price Expectations appeared first on COINTURK NEWS .
Key takeaways: The parallel stack, a robust, open-source framework designed for crafting rollups and layer 2s that harness parallel processing, is now on SEI V2. The stack enhances Ethereum’s performance by targeting most bottlenecks that Layer 2 blockchains face. Such developments are anticipated to drive SEI value over the long term. Regarding price performance, SEI
As Bitcoin (BTC) hovers near $100,000, momentum indicators suggest the asset will likely see further upside beyond this much-anticipated level. … Continue reading The post This indicator is a clear sign of Bitcoin surging past $100,000 appeared first on Finbold .
Learn how an early Solana investment led a Miami artist to $5.2M in 2021. Explore BlockDAG's potential to deliver a similar, massive 30,000x ROI. Read original article on coincu.com
Key takeaways: Uniswap, a DeFi protocol founded in 2018 by former mechanical engineer Hayden Adams. The Uniswap exchange is a 100% on-chain automated market maker (AMM) protocol on the Ethereum blockchain. The AMM allows DeFi users to swap ether (ETH) for any ERC-20 token without intermediaries, solving many liquidity problems most exchanges face. Uniswap’s unique features
Bitcoin’s resilience is on full display as it approaches the coveted $100,000 mark, propelled by an influx of ETF investments amidst profit-taking by long-term holders. Current trading levels for Bitcoin
Silicon Valley just changed Washington forever. The 2024 election didn’t just bring Donald Trump back into the White House—it flipped Congress into a playground for crypto advocates. Bernie Moreno, a political nobody last year, just knocked out Sherrod Brown, a Senate heavyweight who’s been in office longer than Bitcoin has existed. That was no accident.
Meme coins thrive as DOGE, SHIB soar. Cutoshi merges memes with DeFi, driving demand for its viral CUTO token presale. #sponsoredcontent