I expect asset prices to rise as we approach November 5th, with further increases if Trump is elected.

Oil prices will likely drop and when it becomes an obvious buy, we might see a surge of speculative money moving in. We could see oil falling to around $50. Trump would also potentially increase government spending, leading to a devaluation of the USD and, consequently, a rise in the value of real assets like precious metals

real estate, equities, and even Bitcoin. The USD will weaken whether Trump or Harris wins, because of budget deficits and debt levels. Equity markets are seeing strong inflows, indicating investor expectations of continued dollar devaluation. It’s just a matter of realizing that the dollar and other fiat currencies will continue to lose value against real assets. This drives investors to buy tangible assets like equities. The S&P could reach 6000 or above by the end of this year, with a further rise to 8000 in the next year. We are in a new dynamic. The US has ramped up spending since Covid, and that hasn’t slowed. The Fed has acknowledged that this is unsustainable, and its interest rate adjustments reflect its struggle to manage the high interest payments on its borrowings. Noone is buying long-term US treasuries. That shows the lack of confidence in the USD because buying long-term means your return loses value over time, as inflation and asset prices continue rising.