Elections that matter

23.11.2023

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Joe Biden’s reign over America is getting closer and closer to the end. In fact, the election race has already begun, and all contenders are trying to win the hearts and votes of Americans before voting begins. Trump dominates Republican primaries. Several polls show him leading President Joe Biden in swing states. In one, 59% of voters trust him on the economy, compared with 37% for Biden, according to the New York Times. Civil lawsuits and criminal prosecutions have only strengthened Trump’s position. For decades, Democrats have relied on the support of black and Latino voters, but significant numbers of them are leaving the party. In the next 12 months, the failure of any candidate could determine the outcome of the election race and thus turn the world upside down.

America also faces growing hostility abroad, challenged by Russia in Ukraine, Iran and its allied militias in the Middle East, and China across the Taiwan Strait and in the South China Sea. The three countries have little coordination and share a vision of a new international order in which might is right and autocrats are safe.

The biggest threat Trump poses comes from his own country. Having regained power from his 2020 election failure, he will no doubt strengthen his inner feeling that only losers allow themselves to be bound by the norms, customs and sacrifices that make up a nation. While pursuing his enemies, Trump will wage war on any institution that stands in his way, including the courts and the Department of Justice. Trump believes that it is a bad deal for America to spend blood and treasure in Europe. So, he threatened to end the war in Ukraine one day and destroy NATO, possibly violating America’s commitment to treat an attack on one country as an attack on all. In the Middle East, Trump is likely to unconditionally support Israel, even as it fuels conflict in the region. In Asia, he may be willing to make a deal with Chinese President Xi Jinping to give up Taiwan because he doesn’t understand why America would go to war with a nuclear superpower over a tiny island. Trump’s second term will be a turning point for the world. On the one hand, he thinks rationally about what is happening in the world, but on the other hand, this could be his election ploy. One thing is clear – after he was pretty battered and his authority was reduced this year, he will “tear and throw” not only within his own country, but also in the world as a whole. Knowing Trump’s impulsiveness and moral instability, the worst could happen…

Market reviews

Strategies for investing in stocks and indexes

Global stock markets experienced notable fluctuations on Monday as investors reacted to key economic data and earnings reports. Both U.S. and European stock indexes fell, reflecting the heightened uncertainty in the financial landscape.

Gold’s meteoric rise amid Israel-Hamas war

The price of gold has recently seen a significant recovery, climbing over 1.0% to trade in the $2,660s per troy ounce. This resurgence is largely attributed to heightened geopolitical tensions following the Israeli army’s ground invasion of Lebanon, which has increased the demand for gold as a safe-haven asset. Several factors have contributed to the recent movements in gold prices.

Key Oil market moves to invest

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Time to Invest in Chinese Tech Giants

The recent decision by the People’s Bank of China (PBOC) to cut interest rates has had a significant impact on the financial markets. This move, aimed at revitalizing the world's second-largest economy, has led to notable gains in Chinese shares and exchange-traded funds (ETFs).

Gas. Winter is coming!

Natural gas prices have been experiencing significant fluctuations due to various global factors. A decline in energy consumption in the US and Europe has put downward pressure on prices, while geopolitical tensions, particularly in the Middle East, have disrupted global trade and energy supplies. Additionally, Europe is grappling with the aftermath of an energy crisis triggered by the Russian invasion of Ukraine.

Bitcoin Uncertainty

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Oil Market Shake-Up: Buy or Sell?

Oil prices have been trending lower recently, influenced by expectations of an increase in OPEC+ production from October. Also, signs of weak demand in major economies such as China and the United States have raised concerns about future consumption growth.

Gold and Silver are rising again

The gold market is currently experiencing positive momentum, with prices trading in favorable territory on the daily chart. Despite being constrained by a five-month-old ascending channel’s upper boundary and the all-time high, the overall outlook remains bullish due to recent events.