I agree with the rest, but not necessarily investments collapsing. It seems to me that the incoming administration will be friendly to business, gutting consumer and environmental protections.
Assuming tarrifs happen, there will be price hikes. And if there are general price hikes it's easy (and sometimes necessary) to hike your own prices even if you're not directly affected. This will improve profits (at least in the short term).
So, I expect the stock market to do very well. The rich will get richer. The middle class will be pushed down.
But yeah, the 95% are about to get what they voted for.
Yes, for investments here I'm referring to financial investments.
Generally I think housing is flat, maybe coming down if interest rates go up, or as affordability comes down. (Housing is not really an investment though, but that's a topic for another time.)
Individually for small business, there may well be winners and lovers, but that's true for any administration change. For example if your business is say solar installations then you are vulnerable (or benefit from) govt policy.
Most businesses (even small ones) can jack up prices in an inflationary environment without too much pushback.
Crypto - I'm not qualified to comment on that, but it seems like it'll likely go up in the short term. (Reinforcing why it's a terrible currency.)
I wonder if trump will actually go through with the tariffs though. If it is as widespread on day one as he keeps bragging about, the stock market would surely crash.
Assuming tarrifs happen, there will be price hikes. And if there are general price hikes it's easy (and sometimes necessary) to hike your own prices even if you're not directly affected. This will improve profits (at least in the short term).
So, I expect the stock market to do very well. The rich will get richer. The middle class will be pushed down.
But yeah, the 95% are about to get what they voted for.