Wolf Money(US election and my personal observation)
(Image credit: AP) Surprisingly it was an easy win for Donald Trump. White House, the Congress and the Senate all had one colour on them. Red! I listed down my general observations and predictions from this election and what it holds for the next 4 years. *High interest may continue given Trump inflationary policies. Powell unlikely to cut rates much, he might get replaced by Trump. *Oil likely to do well in an inflationary environment. Given Texas is a Republican stronghold *Western allies likely to hedge their bets given the past grievances with the Trump administration. Western countries ties with China will improved. *Crypto and Elon trades likely to benefit *Chinese economy to be more subdue over the next 4 years *China’s stimulus is likely to be more measured going forward due wide interest rate differential between US and China. Too much stimulus might cause an unwanted currency crisis due to capital outflows. *Asian economies growth to slow due to tariff threat *Elon Musk mig