Phyrex|Nov 03, 2026 19:32
This market is truly volatile. While the current focus is on the election, the Democrats have a very high probability of winning the House of Representatives. Losing the House means Trump will face greater difficulty in pushing forward policies requiring congressional legislation, such as tax cuts, fiscal spending, and cryptocurrency regulation. And that's just the House; it's now uncertain whether the Republicans can even retain the Senate.
If he loses both houses, Trump will face even greater difficulties in implementing new legislation and appointing officials over the next two years. Furthermore, the Democrats will undoubtedly intensify their investigations into Trump, making his path extremely challenging. Meanwhile, relations between the US and Iran are also a major headache. Yesterday, the market anticipated a possible peace talks between the two countries, but it seems unlikely.
Today, the US has released some positive signals for peace talks, such as pardoning some frozen Iranian funds, halting aid to Israel, and even reducing arms sales, giving the market hope for negotiations. However, Iran maintains that the US is not doing enough, and today news broke that Iran might use chemical weapons, causing market anxiety again.
I was a bit stingy today. I bought dual-currency bonds at $75,000, but it seems the chances of buying them tomorrow are quite low. However, even if I put my money at $76,000, I might not be able to buy them then, but at least the interest would be much higher. I estimate there won't be much room for further gains at $75,000 tomorrow.
A @Gate account for more market information.
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