I don't know if you saw this, but Donald Trump worked at McDonald's! What do you mean he worked at McDonald's?Well, he put on his apron, got behind the counter, and started serving fries to customers! Naturally, the customers just so happened to be wearing MAGA hats and were Indian and Black—classic Americans, always putting on a show. In short, he made a little “guest” appearance as a fast food worker to hand out orders and, of course, to grab some attention. But, of course, such publicity stunts don’t happen without a reason.
So, while the employees were showing him how the fryer and the drive-thru worked, he didn't miss the chance to take shots at Kamala Harris. "I've worked 15 minutes longer than she has at McDonald's," Trump said, implying that Harris had never worked there, contrary to what she’s claimed many times. There’s generally a bit of a feud over this since Kamala has said that, when she was younger, she worked at McDonald’s. But that’s not our topic.
This move by Trump reminded us that the elections are coming up. So, it's a good opportunity to see where things stand and what to expect!
ELECTIONS
It hasn’t been like this the entire time, though. After the announcement that Harris would take Biden’s spot for the candidacy, we saw the two candidates neck and neck.
The last time we touched on the topic of the elections was about a month ago, and the truth is, a lot has changed since then.
So, here we are, exactly two weeks before the elections, and as it seems, the bets are showing a clear Trump victory, with a lead of more than 20%!
TRUMP VICTORY
The markets have already started pricing in a possible Donald Trump victory.
And as we’ve all noticed, various indices, stocks, and cryptocurrencies are reflecting this optimism. It seems investors are preparing for a more favorable environment in the event of Trump’s reelection.
“And why would the environment be more favorable if Trump wins?” you might ask. Well, the expectation is that the benefit markets would see from a potential Trump administration. You see, industries that benefit from reduced regulations, such as banks and large corporations, expect to profit from Trump’s agenda.
A “Red sweep,” meaning Republican control of both the White House and Congress, would free businesses from various regulations, giving a fresh boost to the markets.