IF DONAL TRUMP IS PRESIDENT, WILL THE MARKET BULL? MAYBE, AE.
The title of President: Mainly a "representative image", influenced by the party and sponsors.
Crypto people will praise Trump because they believe that his support for crypto will increase the price of BTC. However, according to the book "The American Past: A History of Contradictions", less than 20% of the President's promises have come true.
Economic views of the two parties:
Democrats: Increase welfare for workers, promote the market through public spending.
Republicans: Reduce taxes for large companies and the rich, reduce welfare for the unemployed and immigrants, increase business competition.
Trump and the Republican Party: Focus on collecting taxes from crypto investors, controlling tax laundering and tax evasion, may not really support crypto but increase regulations.
The market needs flow 💵 and time: Even with support, the stock market still has a bull-bear cycle. Policy and support only play a supporting role, not deciding the big bullrun.
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