What is most impressive about Trump is that many people dislike him but hate his opponents even more. We have compiled the following from resident reporters, financial analysts, and industry O.G.s.

After two impeachments, 91 felony charges, and 34 felony convictions, Trump is more popular in 2024 than when he ran for president in 2016!

When Trump left office in 2021, two-thirds of Americans disapproved of his job performance. The Capitol riot cast a shadow over the last month of Trump's presidency. For a long time after leaving the White House, Trump was 'canceled' by social media and went silent. At that time, Trump's political operation was very weak, and he was unsure if he would seek a third campaign. Until the end of 2022, when Trump announced his candidacy, establishment Republicans kept their distance from him. However, one difference in Trump's third campaign compared to the previous two is that he finally established a stable team, led by campaign co-chair Susie Wiles, and initiated an orderly campaign operation.

Key Factor One: The Economy Card

In 1992, when young Clinton defeated old Bush, his senior advisor Jim Carville left a classic line on television: 'It's the economy, stupid!'

45% of American voters said their economic situation is worse than it was four years ago. This level of dissatisfaction is higher than any exit poll results from elections since 2008, during the financial crisis that propelled Obama's victory.

Despite the US economy growing, low unemployment, and a booming stock market, two-thirds of voters rate the US economy poorly, a level higher than in 2020 when the country was struggling to recover from the COVID-19 pandemic.

In summary, the mood across the country in this election is very pessimistic: about three-quarters of voters express negativity about the country's development, with 29% saying they are very angry. Therefore, regardless of whether you like Trump or not, dissatisfied voters will punish the ruling party for their discontent with life and work. According to exit polls, 79% of voters support Trump on economic issues, while Harris only has 20%.

Arturo Munoz, a truck driver from Phoenix, said that Trump's campaign policy addressing high living costs resonated with him and other Hispanic men still struggling to make ends meet. The 28-year-old Munoz said he clearly feels the wage gap between 2016 to 2020 and from 2020 to 2024.

Munoz worked at a gas station from 2016 to 2020 and later became a truck driver, a job that was supposed to offer higher pay and more opportunities. But he said that given the current economic situation, he would prefer to return to his job in 2016.

Munoz said: 'Hispanic and Latino men work very hard; Hispanic men are working hard every day. The differences in wages, working hours, cuts, and making a living are something I deeply perceive.' Compared to all American men, Hispanic men are disproportionately employed in low-wage and labor-intensive construction and maintenance jobs.

Key Factor Two: A Significant Shift of Hispanic Men Towards Trump

According to CNN polls, there is a shocking phenomenon in this election. Hispanic men are turning to Trump at an astonishing rate. In 2020, Hispanic men voted for Biden with a 23-point advantage, with Biden receiving 59% of the vote compared to Trump's 36%.

But in this year's election, Hispanic men voted for Trump with a 10-point advantage over Harris, with Trump at 54% to Harris's 44%, completing a stunning 33% turnaround.

It's worth noting that just before the election, at Trump's rally in New York, the stand-up comedian Hinckle's remark that 'Puerto Rico is just a huge floating garbage dump' caused a huge uproar, prompting Trump to quickly distance himself from the comedian: 'I don't know this person at all.'

But the effect caused by this statement is, on one hand, the media's overwhelming condemnation of Trump, and more directly, the Hispanic superstar Bad Bunny immediately publicly endorsed Harris. Hispanics have always been a major voting bloc for the Democrats: from Jennifer Lopez, Christina Aguilera, to this year's Bad Bunny and Ricky Martin, the most influential stars among Hispanics have always been the Democratic Party's staunch supporters.

Here, in addition to Harris's star power no longer being effective, there are various reasons, but the most critical reason provided by Mike Gonzalez, author of 'How Conservatives Break the Liberal Monopoly on Hispanic Americans', is Trump's conservatism and his commitment to improving the economy, which helped him turn the tide.

The economy is the most concerning issue for Hispanic voters. Pew Research polling shows that 85% of Hispanics believe the primary issue in this year's election is the economy, followed by healthcare and violent crime. Hispanics, like other Americans, are very dissatisfied with high prices.

Secondly, many Hispanic men cannot accept the left's push for woke issues. The fact that Trump performed better among Hispanic voters can largely be attributed to the left's relentless push on woke issues, regarding race, gender, climate, etc. The left has taken extreme positions. This has disappointed many Hispanic Americans who know that people cannot change gender and that boys should not participate in girls' sports or use women's restrooms.

Hispanics are not white liberals either. Some of them are as white as Anglo-Americans, and many are certainly liberals. But generally speaking, Latinos are not as concerned about issues as American white leftists. Some still retain the 'machismo' from Spanish culture. Some experts even believe that Hispanic voters deep down admire 'strongmen'.

Finally, Trump's determination to crack down on immigrant crime did not alienate Hispanic voters; rather, it attracted their support. As Hispanics increasingly integrate into American communities, their pursuit of making money and a safer life surpasses the government benefits promised by the Democratic Party.

Key Factor Three: The Strategy of Surrounding the Cities with Rural Areas

In his victory speech, Trump proudly stated two points: 1. He completed over 900 campaign rallies. 2. This election is different from 2016; he won the popular vote and received more ballots.

This also confirms an important point about Trump's ability to win: Trump maximized his support in rural areas. Trump and his partner Vance, through repeated grassroots activities, ensured that all potential rural voters who might support them heard their voices and eventually made decisions. It is worth noting that on the last day before the election, the 78-year-old Trump attended three rallies in one day! Trump also mocked the much younger Harris on the Joe Rogan show for taking a vacation.

It is not difficult to understand how Trump turned states like Ohio and Indiana from swing states into deep red ones, as well as how he established a significant advantage in two major swing states, Georgia and North Carolina, right after counting began. Besides the quantity of campaign rallies, Trump also emphasizes the quality of rallies. For example, in rural counties in Pennsylvania, the overall trend during the counting period shows that Trump can both increase voter turnout and raise his support in Republican strongholds.

A clear example of the rural surge is: Lackawanna County, the hometown of former Democratic President Biden, where support for Republicans increased by 5.6 percentage points compared to 2020—despite Harris still winning the county by a narrow margin.

In contrast, the Democratic Party's attempt to gradually turn urban suburbs blue has stalled: to offset the expected support of Republicans in rural areas, the Democratic Party must rely not only on winning urban centers but also on support from surrounding suburbs. Since 2016, these suburbs have leaned Democratic—but it is still unclear whether this trend of leaning left continues.

The first bad case of the Democratic Party's 'suburban strategy' comes from Loudoun County in Northern Virginia, a suburban area of Washington, D.C., with a large number of college-educated voters. Biden won the county in 2020 by about 25 percentage points; this year, Harris only won it by about 17 percentage points.

In Hamilton County, Indiana, which is in the Indianapolis suburbs, it was similarly viewed by Democrats as a territory to turn blue. But four years later, Harris trails Trump by 6 percentage points here—almost in line with Biden's performance in 2020 when Trump won Biden by 7 percentage points.

However, the efforts of the Democrats are not entirely ineffective. For instance, in suburban counties around Atlanta, Harris is expected to perform slightly better than Biden did in 2020, with the Democratic lead in Cobb County and Gwinnett County increasing by about one percentage point each.

Harris's Fatal Flaw

Since Harris became the Democratic presidential candidate, she has faced a fatal flaw: as Vice President, she must show loyalty to Biden, but as a presidential candidate, she must also distance herself from Biden. This contradiction was fully exposed during her ABC interview before the election.

The host asked Harris what she would do differently from Biden over the past four years if she could. Harris said: 'I can't think of anything...' At that moment, Harris realized this answer was inappropriate and quickly added that she would allow Republicans to join the cabinet.

But 'trouble comes from the mouth'; even an advisor to Obama described Harris's interview as disastrous. Biden's approval rating is already extremely low, with most Americans believing the country is heading in the wrong direction. While Harris tries to portray herself as a new generation leader, her current role as Vice President prevents her from being a candidate advocating for change.

Actually, when Harris took over the torch from Biden at the end of July, the Democratic Party's fading election prospects improved significantly. Voters expected a new face from the Democratic leaders. However, Harris refused to completely sever ties with the past four years, and more importantly, she did not clarify her stance on Biden's biggest weakness: economic issues.

Trump's victory this time is overwhelming; he not only won the crucial Pennsylvania, a state that the Democrats have only lost once since 1988. The entire Democratic blue wall—Pennsylvania, Michigan, Wisconsin—has collapsed.

In the four sunbelt states—Arizona, Nevada, Georgia, and North Carolina—Harris also invested a lot of resources but did not win any of them!

Undoubtedly, Harris's election strategy has failed. She aimed to attract moderate Republicans and independent voters but was unsuccessful; she aimed to unite Black, Hispanic, and young voters, but they became increasingly divided.

All along, Harris has tried to shape the 2024 election as a national referendum on voters' feelings towards Trump. In the last weeks of the campaign, her rhetoric escalated, even calling Trump a fascist, mentally ill, and unstable... little did she expect that more voters would vote for Trump due to their dissatisfaction with the Biden administration.

Poll expert Frank Luntz believes that Harris's failure in this election was due to her focusing almost all her attention on attacking Trump. Voters already know everything about Trump; they want to know what plans Harris has for the first hour, first day, and first month of her administration. Therefore, Harris's campaign team’s failure to focus on Harris herself was a massive failure.

Of course, as Biden's 'heir', Harris may be doomed to fail. The greater responsibility lies with Biden and the Democratic bigwigs who pressured him to step down. Perhaps Biden should never have run for re-election in the first place? Or did he decide to withdraw too late? Was Harris really the right person to oppose Trump? Now, the Democratic Party is already starting to find reasons and shift blame.

Just before the election, Biden still believed he could defeat Trump. But now, seeing all the swing states he once captured turn red again, perhaps both Biden and Harris will ultimately lose to Trump.

Harris's campaign team told Politico: We did our best to campaign; Biden is the only reason for Harris and the Democratic Party's failure.

Expected actions next

● De-globalization

Trump's attitude towards globalization is: against the tide.

→ Strengthening opposition against major competitors; everyone knows who that is without me saying. If you look at his future key aides, none of them are friendly towards us. (Musk is certainly a bit better, but Musk's industries also have many direct competitors with us, such as communications and aerospace.)

→ Pressuring allies for money, such as the recent subtle news from Europe and Japan, gives a feeling of wanting to say something but not daring to do so.

→ In addition, Trump is not as concerned about the Russia-Ukraine situation as the Democrats and shows little interest in disputes in hotspot areas.

→ He also advocates for the expulsion of illegal immigrants and tightening certain types of visas.

The world will face a highly uncertain American president.

Many people mention that this is good for gold, various currencies, and the dollar.

There’s definitely nothing wrong with the logic of gold and currencies, but these have risen too much before... Speculative assets respond quickly to expectations, and even if the medium to long-term logic is correct, I think the cost-effectiveness for new entrants is not good in the short term.

I find the US dollar very strange; many people say the dollar will be strong, and even yesterday the dollar rose.

But Trump himself announced during his campaign that he would let currencies like the yen and New Taiwan Dollar appreciate to strengthen the competitiveness of American manufacturing. At the same time, Trump pressured the Federal Reserve during his previous term, and this time he said to lower interest rates more—this doesn't seem to align with a strong dollar.

● Manufacturing and High Technology

Trump advocates for the return of manufacturing; this is certainly beneficial for related industries in the US, which I have already written about when he was shot.

Including traditional manufacturing and traditional energy.

In the medium term, over the next few months, we will certainly need to watch policies and events, but long-term results are what matter. Trump mentioned bringing manufacturing back to the US during his previous term, but let's take a look at the American auto industry... Remember that during Trump's term, many companies were introduced, but how many are still operational?

High-tech industry: Trump supports AI and various currencies more, but both issues are still—currently overvalued.

Trump likes to measure the economy by the stock market, but on the other hand, Buffett holds a lot of cash—who should I believe?

Trust Buffett.

Perhaps when Buffett finds a suitable low point, he will also choose the sectors that Trump likes, and then it won't be too late to 'copy the homework'.

There are some other Trump-related policies, but the main ones I think are still those above.

● web3

Regarding the industry's attitude shift and friendly statements about cryptocurrencies, BTC reaching a new ATH may suggest that regardless, this election is a significant victory for cryptocurrencies.

Support for cryptocurrency from Bernie Moreno defeating Sherrod Brown was key to Trump's victory in Ohio. Sherrod was one of the senators most opposed to cryptocurrencies.

Cryptocurrency has received full support from the winning presidential candidate Trump.

The national level completely denies the efforts by Senator Warren and Gary Gensler to illegally strangle the cryptocurrency industry for years. They should all be held responsible for the Democratic Party's failure (Biden and Harris should also be held accountable).

The next Congress will be the most cryptocurrency-friendly Congress in history. StandWithCrypto voters showed up in large numbers, helping to elect cryptocurrency-supporting candidates in almost every district (257 candidates supporting cryptocurrencies were elected to the House).

Washington, D.C. received a clear message that opposing cryptocurrencies is a good way to end one's career because it goes against the will of voters who are dissatisfied with the current financial system and want change.

Of course, in addition to cryptocurrencies, there are many other factors in this election. Musk may have played the biggest role (his acquisition of Twitter/X marked a turning point). There are many other factors; I won't elaborate here.

But I believe the most important message we (American citizens) conveyed to the government in this election is that we will not establish a government that grows larger and more powerful, will not overregulate, print excessive money, or buy votes through free welfare while raising deficits. America will follow the path of economic freedom, which is our source of strength, based on limited government, the rule of law, elite politics, and fiscal discipline, respecting free markets (rather than government) as the source of economic growth, praising science, technology, and builders as the driving forces of civilizational progress, and so on.

This should not be limited to a specific party. Both parties have excellent pro-business and technology advocates, and the crypto industry supports them. But that does not mean the support should be 50/50, as the support they received in this election was not equal. I received many angry calls from leftists who were unhappy that our industry did not support the Democrats. What they refuse to acknowledge is that more Republicans voted in favor of the FIT21 bill (about 3 to 1) in the House, and the legal battles and attacks against cryptocurrencies largely come from the Democratic government. A truly non-partisan PAC that only focuses on candidates' positions on cryptocurrencies and economic freedom, rather than which party they belong to. If they fall into partisan thinking, they cannot understand why it is not 50/50 or why they do not support their preferred party.

Regardless, I am proud that the crypto community has taken a truly principled, non-partisan approach. I hope that after this election, we will no longer see this imbalance. Cryptocurrencies should receive support from both sides, and any important new technology or industry that promotes American prosperity should be treated similarly. We cannot tolerate politicians trying to unlawfully destroy our industry or strip our clients of their rights.

Finally, from a policy perspective, cryptocurrencies will continue to exist, and we will continue to fight until we see reasonable legislation protecting consumers and the industry from attacks. (This article is a synthesis of views from Bingru, Jiage, and Armstrong) DYOR.