The US Presidential election has a historical tendency to influence financial markets as a change in leadership often brings a shift in fiscal policy. For the price of gold, there has been greater responsiveness to the macroeconomic landscape change since President Richard Nixon took steps to end the Bretton-Woods system starting in 1971.However, a look at the historical impact … [Read more...] about Gold Price Implications Around US Presidential Elections
Presidential
How Societal and Economic Crises Impact US Presidential Elections
Does a Relationship Exist Between the S&P 500 and the US Election Outcome?Beyond policies and history, past data suggests that S&P 500 stock can be used to predict the winner of the US election. The S&P 500 Index has an 87% success rate when it comes to predicting the outcome of an election. As per the data, if stocks are higher three months before the election … [Read more...] about How Societal and Economic Crises Impact US Presidential Elections
Can Stock Markets Predict Presidential Elections?
How Can Stock Markets Impact US Presidential Elections?How can returns in the Dow Jones, S&P 500 influence voters at the polls?This study analyzes the indices 1 year and 3 months before electionsDo voters respond to stock performance as an election nears?IntroductionMany factors can impact the outcome of US presidential elections, such as the shape of the economy, a voter’s … [Read more...] about Can Stock Markets Predict Presidential Elections?
Uzbek presidential agency proposes legalizing domestic crypto trading
A major governmental agency in Uzbekistan seems to be rethinking its stance on cryptocurrencies.The National Agency for Project Management under the President of the Republic of Uzbekistan, or NAFT, issued an official document proposing several amendments to licensing procedures for crypto trading.The NAFT proposed to officially allow local residents to conduct “all types of … [Read more...] about Uzbek presidential agency proposes legalizing domestic crypto trading