Trump Won, Markets Respond, Is the Risk On?

Hey There,

What a year it's been, with a slight glimpse of certainty now that the election is done and we have a much clearer idea of what to expect moving forward into 2025.

In today's session we discuss the possibility of a "Risk On" Environment and how we should navigate the market from this perspective.

Gold continues to nurse steep losses from its prior session following Trump's presidential victory.

The recent drop in Gold can also be attributed to profit-taking, having moved to record highs running up to the elections. However, despite recent losses, Gold still retains the bulk of it’s gains from the past month.

With the presidential election over, it also opens the door to a lot more clarity and reduces the level of uncertainty for the global financial markets, triggering a “Risk On” rally across the board, while pressuring safe haven assets like gold.

Bitcoin closed and steadied near peak highs on Thursday, as a trump victory sparked sharp gains in crypo’s on the prospect of friendlier crypo regulations. This endorsement by the trump administration potentially gives instruments like Bitcoin more credibility as an investment vehicle