US Presidential Election

Politics. What a mess of a topic. But thankfully, as a perfectly moderate pragmatic thinker who is invulnerable to biases (lol) I am here to perform the autopsy on this messy situation. 1) Why Did Trump Win? Trump’s win shocked the country. It didn’t shock me. Back in July I said that Kamala couldn’t win because I believe the rest of the country wants to avoid becoming San Francisco at all costs.1 So nominating a San Francisco Liberal was always going to be a huge uphill battle. But more importantly, it wasn’t so much that Trump was ...

Crypto advocates took a victory lap on Wednesday as the vast amounts of money they poured into the US elections yielded huge dividends, from Donald Trump’s reelection to down-ballot wins for politicians friendly to the sector. Once a crypto skeptic, Trump corralled tens of millions of dollars in industry support for Republican candidates by promising to make America the Bitcoin superpower of the world. On the campaign trail this summer, he pledged to fire US Securities and Exchange Commission Chair Gary Gensler, create a ...

The U.S. election results will shift the economic landscape, particularly if the Republicans also manage to hold onto the House. However, there are still plenty of questions around the extent to which the campaign rhetoric translates into policy reality. The lean will certainly be to more tax relief, although the positive growth impact will be countered somewhat by broad trade tariffs and uncertainty, accompanied by a firmer U.S. dollar and higher bond yields. The latter are driven by bigger budget deficits, modestly higher inflation ...

Dogecoin price rose to six-month highs on Wednesday, riding on the market-wide momentum drawn from Donald Trump’s presidential election victory. DOGE price hit $0.219, the highest level since April 1, and was up by 12 percent on the daily chart at the time of writing. In addition, the rally drove its year-to-date gains to 114 percent, outperforming Bitcoin’s gains of 75 percent. Elon Musk’s push for the establishment of a Department of Government Efficiency (DOGE) at the height of the US election campaigns was interpreted as ...

The price of bitcoin hit a new high Wednesday and crypto-related shares rallied as investors bet that former President Donald Trump's victory in the U.S. presidential election will be a boon for cryptocurrencies. Bitcoin jumped nearly 8% in early trading, climbing above $75,000 and smashing its previous record set in March. Other cryptocurrencies also soared, including ether, the world's second most popular cryptocurrency after bitcoin, which rallied 8%. Another token, dogecoin, rocketed as much as 18%. It's the favorite ...

Donald Trump was elected the 47th president of the United States on Wednesday, an extraordinary comeback for a former president who refused to accept defeat four years ago, sparked a violent insurrection at the U.S. Capitol, was convicted of felony charges and survived two assassination attempts. With a win in Wisconsin, Trump cleared the 270 electoral votes needed to clinch the presidency. The victory validates his bare-knuckle approach to politics. He attacked his Democratic rival, Kamala Harris, in deeply personal – often ...