Trump announced his participation in the presidential election in 2024
2022.11.16 02:42
Trump announced his participation in the presidential election in 2024
Budrigannews.com – Donald Trump’s associates filed documents for his candidacy for the White House in 2024 on Tuesday, when the former president began fighting for the return of the title, seeking to get ahead of his potential Republican rivals.
Trump made his announcement about his Mar-a-Lago estate in Florida a week after the midterm elections, which failed to win as many congressional seats as Republicans had hoped, seeking a possible rematch with Democratic President Joe Biden.
Meanwhile, Republicans are nearing 218 seats in the House of Representatives out of 435 seats that should have a majority.
Comment:
Anthony Scaramucci, Founder of Skybridge Capital, Singapore (former White House Communications Director
“Do you know how to get zombies that you can’t kill, like on the Night of the Living Dead?”This is Trump. He’s an orange zombie that Republicans are desperately trying to destroy, but because of his character, driven by money and attention, he’s not the only one who wants to run for president.
“It torments Republicans because they want to overtake Trump. They are clearly losing from an electoral point of view.
“Trump is struggling in 2024 with 2016-17, but the world is moving towards 2030.
“This is the trinity of greasing the market – through incentives, deficit spending, low interest rates – easy money – and lack of regulation. But the flip side of the coin (investors) also know that it creates something that the market absolutely hates: political instability. If one of these other candidates can run with some Trump messages without Trump drama, there may be an opportunity.”
Shane Oliver, Investment Strategy Manager, AMP (OTC:), Sydney
“The Trump era was primarily associated with a strong position in the stock markets, but we also saw some problems with profitability in 2018 and 2020 due to COVID 2, when his trade war policy was affected.
“If anything, his decision to run may highlight the divisions that exist among Republicans, and many blame him for their unsuccessful midterm elections.””
RODRIGO CATRIL, SENIOR CURRENCY ANALYST, NATIONAL AUSTRALIA BANK, SYDNEY
“In general, the fact that the candidates he supported in the middle of the term definitely did not show good results weakens his position.
Then suddenly he came out in a weakened state. Compared to where he was before the midterms. We don’t think this will shake the market, at least until early 2024.”
Matt Simpson, Senior Market Analyst, City Index, Sydney
“At the moment, the big question is whether he will divide the Republicans and accidentally win an easy victory over the Democrats. Of course, a lot can happen by then, but if inflation remains uncontrolled, it will put the Democrats in a very weak position for the elections.
“But the road to the White House is long and difficult, and it will take some time for the market to attract his attention, since Trump has not yet exercised his presidential powers.”
QUINCY CROSBY, CHIEF GLOBAL STRATEGIST, LPL FINANCIAL, CHARLOTTE, NORTH CAROLINA
This was to be expected, as he pointed it out in his comments. It will be a very interesting time, very interesting, because it seems that there are others who are ready to compete for the nomination.
“I think there was a change not only in the midterm elections, but also a few months before there were new faces who appear to be competing and ready to fight for the nomination.”
J. J. KINHAHAN, CEO, IG, Chicago, North America
“I would say that remains to be seen, and we’ll see what happens in general.””it’s going to happen in two years, so I think in a political situation you have to be careful not to comment too quickly.”
Joshua Club, Hong Kong Robeco, Asia Pacific Company, LLC
“I don’t think the announcement means as much as he thought – and with a weaker representation in the middle of the term, it reduces the likelihood of nomination. So if he gets good support in the nomination, I think the impact will only be on the right track.”
Chris Weston, Director of Research, Pepperstone, Melbourne
“Of course I expect it. (Rupert) Murdoch said that if Trump enters the race and the wind is behind Desantis, he will push the Democrats. “It’s better to burn out than disappear,” said Neil Young…Trump wants to come down this time with a little glory.”
