The ‘Trump Trade’ Scorecard, One Year After His Election Win
When Donald Trump won the 2024 US presidential election a year ago, investors piled into what became known as the “Trump Trade.”
Crypto assets, US stocks, and the dollar all soared. The bond market, meanwhile, wasn’t so sure and sold off.
Were investors right on these bets? Markets are complex, and several factors can influence asset prices at any given time, causing them to fluctuate. Still, here’s a scorecard on how five major components of the Trump Trade have fared over the last 12 months:
Crypto
Trump Trade: Long crypto
How right investors were: Spot on
While there’s been a pullback in recent weeks, crypto assets have generally shot up in the last 12 months. Bitcoin is up 36%, but has risen as much as 67%….
