Nostr Web Client

In the event of a Trump election victory, how do you think the stock market reacts. Could it be a sell-the-news event if market participants are heavily positioned for a Trump victory?

I feel like it’s a little different for Bitcoin because it’s a less established market and the outcome of the election will have a significant impact on the regulatory environment for the space. It seems like there are a good amount of people waiting for the outcome before buying in. Could be wrong here.

It would make sense to me that both stocks and Bitcoin would head higher as well, just thinking here 🤔

#bitcoin #stockmarket #election

Reply to this note

Please Login to reply.

Discussion

ChaoticDad 1y ago

Stocks might sell off, but I think all of crypto surges…maybe not immediately but in the couple weeks after

I imagine the result will likely not be clear for a bit after the Election Day, as well

hayden ⚡️ 1y ago

I’m betting the melt-up of assets continues as scheduled 📅

If not, what changed?

Learn About Bit 1y ago

I agree especially long-term, but stocks have performed very well this year with the economy showing signs of weakness. Part of this is from the Trump trade. Maybe we see people move out of stocks a bit if he wins.

I’d agree though, most likely to see the majority of asset prices move higher on news of a Trump win.

hayden ⚡️ 1y ago

I like the way you think 💭

hayden ⚡️ 1y ago

Out of curiosity how much do you know about the $GME #GameStop situation? (Removing bias and external nefarious sources)

Learn About Bit 1y ago

Not a lot. Just seems like a pump-n-dump stock to me. I don’t see value in the company.