$Friends, the much-anticipated US election has finally come to an end, and this year's plot is as exciting as an epic movie! At 2 pm Beijing time, the American people's "voting reality show" officially ended. And the old acquaintance Uncle Trump appeared in Florida early in the morning local time and said unequivocally "I won!" It was quite a bit of "We are back again" momentum.
[Plot twist? Uncle Trump keeps using his big moves]
Trump's comeback declaration sounds more like a revenge plan in the political arena. He first declared righteously: "We must close the border and prevent illegal immigrants from running around!" Then he changed his tone and said he would cut taxes, strengthen the military, and even said he would recruit Robert Kennedy Jr. into the government. Don't mention it, the political bigwigs' way of pulling people together to form alliances is comparable to Hollywood's counterattack blockbusters. The American chicken soup was so perfect that the audience was almost eating popcorn!
【Musk becomes the 'big spender'! Twitter quotes come with special effects】
And our Tesla boss Musk also made a 'godsend' move on social media. He posted a meaningful statement: 'The future will be bright', along with a picture of a rocket launch, feeling like he is hinting at something big about to take off. Don't underestimate his casual posts; Musk is a genuine 'big spender' of Trump, having secretly stuffed $118 million into Trump’s campaign fund back in July, which is quite solid! In the swing states' ballot campaigning, that genuinely made a contribution!
【The market is on fire! The 'Trump trade' skyrockets, global capital is in a frenzy】
Once the election ended, the capital market jumped into celebration mode, instantly turning into a 'Trump trade' party. Tesla's night trading surged over 12%, shares of Trump Media Technology Group skyrocketed 43%, Bitcoin shot up like it was on steroids, gaining 8%, and all three major US stock index futures rose, even Dow futures jumped nearly 2%.
【The US dollar dominates, gold and oil tremble】
And the strongest 'celebration bearer'—the US dollar—has also surged wildly after the election, directly causing the euro and yen to plunge. The euro against the dollar plummeted by 1.66%; the dollar against the yen rose by 1.54%. Precious metals and oil prices also felt the chill, with gold and silver turning negative, and international oil prices plunging by 2%. Seeing the dollar 'leading the charge', buyers holding other currencies couldn't help but feel anxious: with the dollar rising, what will happen to our oil and gold?
【Wall Street bigwigs say: There's still hope for the stock market by year-end, gearing up for a sprint】
The high-profile folks on Wall Street were certainly not idle, with Morgan Stanley's Wilson and JPMorgan's Dubravko predicting that a grand play in the stock market is coming by year-end. The conclusion of the election has become a catalyst for emotions; they believe market confidence will rebound, volatility will decline, investors will breathe a sigh of relief, and start refocusing on the Federal Reserve's actions. Corporate profit resilience also gives a boost to the stock market, making it very likely that the year-end market will reach new highs!
To summarize: This US election is akin to a season finale, stirring up the audience's blood, and a climax in global capital markets follows. As for what comes next, this 'year-end market sprint', viewers might as well prepare their snacks for a feast of US stocks and a final push in the crypto space! $BTC
