Skip to main content

Trump vs. Biden Debate: Shocking Highlights Every Investor Needs to Know

Biden's Debate Disaster: A Campaign in Crisis?

President Joe Biden's debate performance was nothing short of a train wreck. From coughing fits to repeated stumbles over facts, Biden's shaky showing has set off alarm bells about his age and capability. The Democratic Party is buzzing with chatter about possibly swapping him out for a fresher face on the ticket.

Trump Steals the Show

Former President Donald Trump brought his A-game, maintaining high energy and delivering relentless attacks. Despite his usual mix of exaggerations and outright falsehoods, Trump managed to stay composed and on point, avoiding the aggressive outbursts that plagued his past debates. This strong performance has solidified his lead, with many undecided voters now leaning his way.

Debate Drama: Hot Issues on the Table

  • Abortion: Biden fumbled a prime opportunity, awkwardly shifting to immigration, a topic he struggles with.
  • Economy: Trump hit hard on Afghanistan, the border crisis, and inflation, while Biden's defense fell flat.
  • Social Security and Medicare: Biden's attempts to counter Republican positions were weak and unconvincing.

Market Shake-Up: What Investors Should Watch

A Trump win could mean massive changes in US trade policies, tax systems, civil rights, and international relations. The debate has already rippled through markets, boosting the dollar while weakening currencies like the Mexican peso and Japanese yen. Investors, buckle up – it’s going to be a wild ride!

Democrats in Damage Control

Top Democrats, including California Governor Gavin Newsom and Vice President Kamala Harris, rushed to Biden's defense, insisting he’s still their guy. But behind the scenes, there's a palpable sense of panic, with urgent whispers about reevaluating Biden's candidacy.

Investor Insights: Prepare for Impact

This debate has thrown the upcoming election into sharp relief, highlighting the potential for major market shifts. Stay on top of political developments and be ready for policy changes that could affect your investments.

Comments

Popular posts from this blog

The US Dollar's Dominance Explained (comprehensive)

The World's Favorite Currency The US dollar is the closest thing the world has to a global currency. It is the preferred choice for most international transactions and is held as a reserve currency by many countries, whether friendly or hostile to the US. The dominance of the dollar began in earnest after World War II when the US emerged as a global superpower. Investors trust the dollar and US assets, such as US Treasuries, because they are seen as safe places to store wealth in both good times and bad. This trust is underpinned by the strength and stability of the US economy and its laws. Why Is the Dollar So Dominant? 1. It’s Big The size of the US economy is a primary reason for the dollar's dominance. The US economy is massive, almost as large as the economies of China, Japan, and Germany combined. This economic heft is supported by the largest and most liquid capital markets in the world. US stock markets, home to many of the world's wealthiest and most innovative com...

Microsoft, Apple and Nvidia Race to $4 trillion Market Cap: What You Need to Know?

Imagine if three of your favorite sports teams were all racing toward a major championship, each with a unique game plan. This is what's happening right now in the world of technology. Microsoft, Apple, and Nvidia are like those top teams, each striving to become the first company to reach a staggering $4 trillion market value. Let's dive into how each of these tech giants is making its move and what this means for you as an investor. Microsoft: Bringing AI to the Office Think of Microsoft as the experienced team captain, using its deep knowledge to stay ahead. Known for its popular software like Windows and Office, Microsoft is now pushing into artificial intelligence (AI) in a big way. They’ve introduced a tool called Copilot, which is like having a smart assistant in your computer that helps you work more efficiently. By integrating AI into everyday business applications, Microsoft aims to make businesses run smoother and more profitably. Imagine having a tool at your job th...

5 SGX Stocks with Dividend Yield Higher than 5.4%

5 Singapore Stocks with High Dividend Yields: Get Steady Income! If you enjoy getting a steady stream of extra cash, then dividend stocks are for you! These are companies that pay you part of their profits just for holding their shares. However, not all dividend stocks are created equal. Some offer higher dividend yields, making them more attractive.  Let's take a look at five Singapore stocks that offer attractive dividend yields of 5.4% or more. 1. PropNex Ltd (SGX: OYY) PropNex is a big name in real estate, offering services like real estate brokerage, training, and consultancy. As of February 2024, they had 12,233 sales professionals helping people buy and sell homes. Even though 2023 was tough for PropNex, with revenue falling 18.6% to S$838.1 million and net profit dropping 23.3% to S$47.8 million, they still managed to generate S$57.5 million in free cash flow. They also declared a final dividend of S$0.035, bringing the total dividend for 2023 to S$0.06. This gives PropNex ...