For the market outlook after the election results:

If Trump wins: Expect more volatility in the market. We have seen a sudden and sharp upward reaction to the attack on Trump, which shows the market's intention. I think Trump's victory will attract institutions to enter the market on a large scale because regulatory uncertainty will be alleviated after the new administration takes office.

If Harris wins: The market may panic or sell off first, but after the panic subsides, participants will rationalize the result and the market may return to a slow upward trend. Eventually, a new macro narrative will emerge and traders will convince themselves that the market is in good condition, thus supporting the upward momentum. In this case, institutions will enter the market more slowly and cautiously.

I believe that no matter who wins, the direction of the market will be upward because a lot of uncertainty will be eliminated by then!

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