TRUMP, COVID, MARKET: observations

So Donald Trump got COVID-19. And he is 74. And he is running for 2nd presidency. And he is losing. What does that mean?

1. We are humans, and once a disease enters your body – especially if it’s an unknown virus like COVID-19 – you don’t know how your body will fight it and what the outcome will be. It may get over by Monday, or it may become really bad. So let’s be humans first and wish Donald Trump and his wife the soonest recovery.
2. More uncertainty. No one knows what will happen, and everyone in the market thinks the same. While the US President contracted the virus, the market contracted another portion of fear. Both the stock market and the currencies. Hence, be ready for some unforeseen and even inadequte movements by your favorite assets. Meaning, beyond expected drops in stocks and the rise of US on safe-haven flight among investors.  
3. Yet more uncertainty. Currently, the course of presidential debates in the US is far from being “healthy”. The question is not as much in how Donald Trump and Joe Biden address each other as how agreeable they will be – especially Donald Trump – with the process, the results and the aftermath of the election. Whatever his moods and intentions have been until now, with COVID-19 the level of “agreeableness” of Donal Trump may go lower than ever.
4. Even more uncertainty. This time, in the geopolitical arena. Observers are right to point out that somehow Boris Johnson became more anti-China after having COVID-19. The same, and worse, may happen to Donald Trump. Especially if you remember that he called the virus “Chinese plague” during the debate in Cleveland.

So brace yourselves. Winter is coming.

                                                                                                      LOG IN

Author: FBS Analyst Team

Kandungan lain dari pengarang ini

Serupa

18.03.2024 12:00 Coinbase dan Marathon. Instrumen Minggu Ini (18-22 Mac)

Coinbase (#COIN) menyaksikan hasilnya meningkat kepada $773 juta pada Q1 2024, peningkatan 23% daripada suku sebelumnya dan melepasi jangkaan penganalisis.

01.07.2022 16:24 Bilakah Pasaran Bear Saham AS Mencapai Titik Terendahnya?

Saham-saham AS telah menunjukkan prestasi setengah tahun pertama yang terburuk dalam tempoh lebih 50 tahun kesan dari percubaan Fed untuk mengawal inflasi dan kebimbangan tentang kemelesetan.

17.06.2022 16:22 Menaikkan kadar sebanyak 75 mata pada tahun 1994 dan 2022, apakah ada sebarang perbezaan?

Powell mahukan pendaratan yang lembut untuk inflasi, seperti yang dilakukan oleh Greenspan pada tahun 1994. Tetapi nampaknya dia akan menempuh satu pendaratan yang sukar.

Berita terkini

27.03.2024 09:47 EMAS Dijangka Akan Mendaki Sementara, Dijangka Sambung Penerjunan!

Fed mengumumkan pada hari Rabu bahawa ia membiarkan kadar dasar tidak berubah pada 5…

27.03.2024 06:40 Yen Tersungkur kepada Paling Rendah Sejak 1990 , Betul Ke Ni?

Jepun melangkah lebih dekat kepada campur tangan mata wang dengan amaran terkuatnya apabila yen merosot ke paras paling lemah dalam kira-kira 34 tahun berbanding dolar…

26.03.2024 06:07 XAU/USD Berundur Selepas Menguji $2,200, Mana Arah Tuju USD?

Sentimen pasaran yang memulih pada pembukaan dagangan awal minggu semalam telah menukar semula haluan pergerakan USD…