Inauguration Week: Opportunities in Meta, NZD, CAD, and $TRUMP

Inauguration Week: Opportunities in Stocks, Forex, and Crypto

Trump’s inauguration on January 20, 2025, marks the start of a new chapter for markets, with potential volatility from incoming executive orders.

Cryptocurrency

On January 17, 2025, Donald Trump surprised the industry by launching a meme cryptocurrency, TRUMP, which has already reached a market capitalization of $72 billion according to Axios. Reports indicate that 80% of the token’s supply is controlled by Trump Organization affiliates, potentially adding over $50 billion to Trump’s net worth.

Forex

Some analysts predict the New Zealand and Canadian dollars could be vulnerable to US dollar strength this week, compounded by both countries set to release inflation data on January 21, 2025.

Stocks

The U.S. Supreme Court upheld a law requiring TikTok's Chinese parent, ByteDance, to divest U.S. operations. Meta, Alphabet’s YouTube, and Snap Inc. could benefit as advertisers redirect spending. However, Trump has indicated plans to issue an executive order delaying the ban, which may alter these projections unless Meta CEO Mark Zuckerberg can successfully leverage his new-found friendship with the incoming administration.