The Republican Party in charge is generally not the best for technology stocks, despite it being pro-business and all that. Oil, defense, and, yes, even gold are usually winners. That said, Trump presidency is unpredictable because I feel he is an independent from the Republican Party, rather than a true Republican.
In fact, I think he was a Democrat not that long ago. The parties do differ in who, which businesses, contribute most. I agree on universal healthcare. Only in America u die because you are temporarily out of work. Most people working shitty jobs don’t have insurance. It is inhumane, but Wall Street does not want higher taxes, and ones with more money win. I am surprised this even gets on agenda when the Democrats are in power, because the party is as corrupt as the other one, it is just ruled by different business interests.
So the Republican Party cuts taxes without cutting spending, or actually increasing spending on military projects and their baby defense contractor companies... resulting in spikes in budget deficit. Traditionally
oil and defense benefits. I am surprised it is taking so long for gold to rally. |
