Professionals responded to the re-election of Donald Trump as President of the United States of America, via social media.
Igor Rotor, Chief Investment Officer at Atrani Capital in the United States of America, said “a slew of trades around the world tied to Trump’s rising presidential prospects notched decisive moves, with stock futures extending gains, Treasury yields jumping and the dollar up by 1,5%, the most since September 2022.”
Matija Ratkovic, Quint and Alt Data, said the Stock market jumped up by 2% (S&P500 and Dow Jones Indexes) and small caps by 5%.
He said Crypto currency (Bitcoin) reached new heights, surpassing USD 75, 000.
Erika Barbutu, a young professional from Abbeygate, Sixth Form College in the UK, said “America is divided, while some are hopeful for a stronger economy, others are concerned about economic instability, trade, national debt and inflation.”
Professor Jonathan Portes, Economics and Public Policy, King’s College London, said “if Trump does indeed implement very large across the board tariff increases, this will be a severe shock to the global economy, including the UK.
Moreover, the US current fiscal trajectory is unsustainable over the medium-term. While a major crisis is unlikely in the short-term, Trump’s tax cuts would certainly raise the risk of higher long-term interest rates, which would further damage both the UK economy and our fiscal position.”
Lifestyle for Environment:” A second Donald Trump Presidency could escalate existing threats to free speech and protest freedom. Experts cited Trump’s incendiary language, threats to use the justice department to indict political opponents and abuses of executive power, like pushing for the deployment of federal agents and National Guard troops to respond violently to Black Lives Matters protests in 2020.
Trump has repeatedly threatened to direct the US military to quell dissent in America, calling his political opposition “the enemy from within.”
James Allston, Co-founder and CEO of Orkestra, said “So, Trump 2.0 has happened. Many of us are looking in from the outside world and wondering – Dear America – you know what happened last time, do you really want to go there again? Apparently, for many Americans, the answer is yes…
So what next? Do those who care about our climate all seek out a cave to slink into for the next four years? Hells no! We just have to get on with the job at hand…..
In many ways, Trump 2.0 is a consequence of capitalism, and capitalism got us into our climate mess. But capitalism is also the lever we must pull for continued progress on climate change. So, if you want to see faster change, there is no point pining for a greener government. Join the revolution and help unlock more investment in clean energy. More investment in clean energy solutions, equals more jobs in clean energy, equals less fear of the future, equals more people prepared to support a greener future.”