Post by account_disabled on Dec 26, 2023 0:11:04 GMT -5
New generation investors Looking at the clarity of the US presidential election As a result, investors around the world have moved their money to invest in riskier assets like the stock market. Looking at the price of gold-Bitcoin There is a chance to adjust it up. While historical statistics indicate that after the US presidential election The Thai stock market has returned an average of 11.5% over a 6-month period, suggesting caution this year due to the COVID-19 virus crisis and Donald Trump moving forward to sue for a recount of the votes. As a result, stock markets around the world, including Thai stocks, are volatile. Mr. Napawee Pukkaman, investor and founder of Creative Investment Space (CIS), an institute providing knowledge on new investment innovations, revealed that the stock market around the world Both the United States and Thailand as well as commodities like gold and digital assets like Bitcoin The price rose sharply last night (5 Nov. '20) as a result of it becoming clear that Joe Biden has the opportunity to become the new US president, even though the election results have not yet been finalized. But from the results of the vote, it is considered that there is a high chance that the Democratic candidate will win.
An interesting indicator is that the Dollar Index weakened sharply last night. It has a positive effect on the prices of commodities and digital assets. Gold and Bitcoin The price of gold rose more than 2.88%, or about 50 US dollars, causing the latest gold movement to be at 1,950 US dollars, while Bitcoin surged almost 10% to reach 15,500 US dollars, the highest in three years. "The weakening of the US dollar This indicates that investors around the world are investing more money in riskier assets like the stock market. If the trend of the US dollar Telegram Number Data continues to depreciate Breaking the original support level at 92.063 points will have a positive effect on other assets. Especially gold and bitcoin.” On the stock market Interesting points It is the result of the election of the lower house and upper house. The result was that both parties held seats in similar proportions, making it even though Joe Biden would become president. Unable to change Donald Trump's tax and stock market policies, whether it be the policy of increasing corporate income taxes or measures to control regulations of financial institutions and companies in the technology group This will have a positive effect on the US stock market. In addition, there are historical statistics that indicate that after the US presidential election Except in the years of the dotcom bubble and subprime crisis, the S&P 500 and SET Index rose every time. As for the Thai stock market, it will return an average of 11.5% over a period of 6 months after the election is completed. However, we must not forget that this year is the year of the economic crisis caused by the COVID-19 virus.
Therefore, such statistics may not always be valid. If Joe Biden were president of the United States Actually, there will be policy risks in the Democratic campaign. Management of the spread of the COVID-19 virus It is highly likely that the lockdown policy will be brought back again. to control the spread This will have an impact on the economy as the business sector will come to a halt again. It is expected that the new policy may come after he officially takes office at the beginning of next year. Mr. Napawee also said that the returns on various assets In the past one month it appeared that Bitcoin generated the highest return of 8.46%, while the S&P 500 index was at 5.31%, while gold was at 1.44%. It is seen that gold still has considerable upside gain after the price was quite high in the past. low (Underperform) compared to Bitcoin which is an asset with the same properties, therefore seen as an investment opportunity with the target at the original high of USD 2,000 and above. "however Must follow market conditions closely after this. Due to the possibility of volatility, Donald Trump may move forward with a lawsuit to request a recount of the electoral votes in several states where the votes were very close. It may affect the votes to change in the future. Therefore, in the short term, there may be fluctuations in the financial markets as well."
An interesting indicator is that the Dollar Index weakened sharply last night. It has a positive effect on the prices of commodities and digital assets. Gold and Bitcoin The price of gold rose more than 2.88%, or about 50 US dollars, causing the latest gold movement to be at 1,950 US dollars, while Bitcoin surged almost 10% to reach 15,500 US dollars, the highest in three years. "The weakening of the US dollar This indicates that investors around the world are investing more money in riskier assets like the stock market. If the trend of the US dollar Telegram Number Data continues to depreciate Breaking the original support level at 92.063 points will have a positive effect on other assets. Especially gold and bitcoin.” On the stock market Interesting points It is the result of the election of the lower house and upper house. The result was that both parties held seats in similar proportions, making it even though Joe Biden would become president. Unable to change Donald Trump's tax and stock market policies, whether it be the policy of increasing corporate income taxes or measures to control regulations of financial institutions and companies in the technology group This will have a positive effect on the US stock market. In addition, there are historical statistics that indicate that after the US presidential election Except in the years of the dotcom bubble and subprime crisis, the S&P 500 and SET Index rose every time. As for the Thai stock market, it will return an average of 11.5% over a period of 6 months after the election is completed. However, we must not forget that this year is the year of the economic crisis caused by the COVID-19 virus.
Therefore, such statistics may not always be valid. If Joe Biden were president of the United States Actually, there will be policy risks in the Democratic campaign. Management of the spread of the COVID-19 virus It is highly likely that the lockdown policy will be brought back again. to control the spread This will have an impact on the economy as the business sector will come to a halt again. It is expected that the new policy may come after he officially takes office at the beginning of next year. Mr. Napawee also said that the returns on various assets In the past one month it appeared that Bitcoin generated the highest return of 8.46%, while the S&P 500 index was at 5.31%, while gold was at 1.44%. It is seen that gold still has considerable upside gain after the price was quite high in the past. low (Underperform) compared to Bitcoin which is an asset with the same properties, therefore seen as an investment opportunity with the target at the original high of USD 2,000 and above. "however Must follow market conditions closely after this. Due to the possibility of volatility, Donald Trump may move forward with a lawsuit to request a recount of the electoral votes in several states where the votes were very close. It may affect the votes to change in the future. Therefore, in the short term, there may be fluctuations in the financial markets as well."