Who is Trump? The founding of the country.
Who is He Jinli? United States current vice president, this is a Chinese name who is a serious child, born in a high-ranking family, his mother is a India who does cancer research (transliterated as Harris), and his father is a Jamaica and a professor of economics at the university.
1. He Jinli 1.0 concept stock
According to the couple's income and assets reported to the Ethics Bureau, their retirement accounts, investments and cash assets range from $2.9 million to $6.6 million. (The Government Ethics Bureau only requires the declaration of asset ranges)
1. What did He Jinli invest in?
The largest index fund investments are the Target Date 2030 fund, the S&P 500 and the Large Cap Growth Fund.
Elmhoff's retirement accounts have invested in ETFs owned by Vanguard, BlackRock, and Charles Schwab. The largest segments are the iShares MSCI Core Europe-Australia Far East ETF and the iShares United States Overall Investment Grade Corporate Bond ETF. There are also funds that invest in U.S. stocks by iShares and Vanguard Pilot.
2. He Jinli's possible industry policies
First, medical insurance
She had championed the socialist magnate Bernie Sanders' concept of Medicare for All, the spirit of which would eventually lead to the government paying for the cost of health care for all. However, it is generally believed that this will weaken the interests of private insurance companies.
Second, green energy
Ho's belief in the Green New Deal has been undisguised as a California prosecutor when she was a California prosecutor. She used the powers of the California attorney general to investigate carbon emissions from ExxonMobil Corporation, an oil and gas company.
Third, Silicon Valley's big tech companies
She has always had a delicate relationship with Silicon Valley, which is the largest employer in her home state.
2. Trump 2.0 concept stocks
According to Mr. Chuan's speeches on different occasions, he roughly summarized his economic and trade policy propositions:
Impose import tariffs of more than 10% on United States imports across the board
Pressure trading partners to appreciate their currencies and depreciate their dollars, and increase exports
Pressure trading partner countries to improve environmental protection and labor treatment
Repeal of the Inflation Reduction Act
Abolish the Indo-Pacific Economic Framework
Loosening restrictions on shale oil extraction, pursuing energy independence, and lowering energy prices; Loosen carbon emission regulations
These policy propositions are basically the same as He Jinli's. A few to mention:
First, tariffs
MAGA's policy proposition, no country is immune! Bear it!
Second, the exchange rate
Trump proposed a "weak dollar" policy to boost domestic manufacturing in order to balance trade.
Third, energy
The 2024 platform of the beautiful Kuomintang and Republican Party even has the slogan "Drill Baby Drill" (Drill, baby, drill), and what better slogan for the traditional energy industry is there?
The new energy sector may be the hardest hit area when Trump takes office, but Trump said that he will remove subsidies for clean energy and electric vehicles as soon as he takes office.
Fourth, finance
Financials have benefited, largely because Trump wants to deregulate and lower stricter capital requirements. In addition, the Trump administration is not expected to manage too much on mergers and acquisitions, which is expected to boost the new round of financial resources of the investment banks under the banking group.
In addition, Trump made it clear that he supports the development of cryptocurrencies.
3. The impact of the Trump 2.0 trading concept on the mainland
The negative impact is mainly on exports, not here! Let's talk more about happy things and talk about industries that may benefit
1. Non-ferrous metals
The "weak dollar" policy proposed by Trump and his team will push the dollar to weaken to "boost" exports, and artificial administrative intervention to weaken the dollar may push up bulk prices and import costs, which will also affect global trade. Copper, aluminum, etc. may usher in a rise. (Gold is more affected by geopolitics, and if the Israeli-Palestinian conflict and the Russia-Ukraine crisis ease, be careful).
2. Companies related to the cryptocurrency industry chain
3. Good for the core assets of China's stock market
If it is playing with a weak dollar, the RMB will have more room to operate, especially the interest rate differential between the 10-year Treasury bond yields between China and the United States will narrow, which is conducive to improving the relative valuation level of China's core assets.
In addition, comparing the trend of the US dollar index with the CSI 300 index in the last 10 years, the two basically show a seesaw effect, with the US dollar index strengthening and the CSI 300 weakening.
The blue candlestick in the chart below is the trend of the CSI 300 index.