To The Moon

This week marks the one-year anniversary of Trump’s re-election — so what has happened in the markets since then? After Trump’s victory last year, $Tesla Motors(TSLA)$ surged 70% and $CME Bitcoin - main 2511(BTCmain)$ broke above $100,000. But one year later, $S&P 500(.SPX)$ is up only 0.13% year-to-date, Bitcoin has fallen below $100,000, returning to where it started, and Tesla, during the Musk-Trump crisis mid-year once has retraced to gap-up level last year. Meanwhile, US stocks have broadly underperformed compared to other markets, and Trump’s public approval rating has also fallen sharply. Since Trump’s second presidential win, benchmark indices in China, Europe, and Canada (in USD terms) have all outperformed the S&P 500. Tariff and Taco become the new normal of 2025. The MSCI ex-U.S. Index now holds its widest lead over Wall Street since 2009. Semiconductor giants like TSMC, Samsung Electronics, and Tokyo Electron have powered global market gains. Korea’s KOSPI Index jumped 55% over the past year, leading Asia and underscoring Korea’s rise as a key AI investment hub. Economic indicators are improving, inflation is under control, and the ECB has cut rates to 2%, far below U.S. levels. A look back at Trump’s first term (2016–2020): super bull run Shortly after the 2016 election, Trump’s proposed tax cuts and deregulation policies triggered a sharp rally in U.S. equities, Treasury yields, and the dollar. From Election Day to Inauguration Day, the S&P 500 rose 6%. Then came a massive bull market in 2017 — corporate profits surged and optimism over tax cuts fueled a 30% market rally with virtually no pullback. After the tax cuts were enacted, stocks continued to climb, and financials jumped 50%, benefiting from the deregulation wave. Even when the COVID-19 pandemic hit, the market recovered quickly thanks to swift government intervention. Overall, Trump’s first term was extremely positive for investors and the stock market. Use one word to summarize your feeling or the keypoints of Trump 2.0! How do you comment on Trump’s first year of his second term? Will Trump try to push the stock market higher again to boost his approval ratings? Can the financial sector continue to benefit from the dual tailwinds of deregulation and tax cuts? Leave your comments to win tiger coins~