💥 THE TRUMP TRADES

It is likely that the "Trump trades" will remain a key driver of market activity, at least for the moment.

Investors who bet on "buying cryptocurrencies and dollars, selling foreign or green assets" continue to profit, although the momentum has shown signs of slowing down. Bitcoin is approaching $100,000, with an increase of around 50% since early October when markets anticipated a Trump electoral victory. The dollar index has risen by 3.6%.

In contrast, clean energy, one of Trump's priority focuses, has been the worst-performing sector, with the iShares clean energy ETF falling nearly 14%. The Mexican peso has lost more than 4%, while European stocks have recorded a decline of approximately 3%.

However, resistance to Trump-driven trades could intensify as concerns grow over stock valuations or geopolitical risks, which could challenge the rally in risk assets.