The US presidential election is approaching, and the "Trump deal" in the capital market seems to be making a comeback in the past month. The Trump Media Technology Group (DJT) surged over 20% on October 28th local time, and has surged 194.71% since October.
The 'Trump trade' is driving the continuous rise of the US dollar, and traders say that call options on the US dollar are becoming increasingly popular in the foreign exchange options market of over $300 billion.
Correspondingly, the "Harris Trading" has been weak, with solar ETF Guggenheim (TAN), considered a representative variety of the "Harris Trading", falling 7.5% since October.
Guotai Junan International Research Report stated that Trump's energy policy is different from Harris's. From Trump's policy agenda, in terms of energy, compared to Harris' support for clean energy and tax breaks for electric vehicles, Trump has promised to vigorously explore fossil fuels, relax a series of environmental regulations, and does not support the Green New Deal policy.