A Trump Presidency is bullish for Chinese Stocks.
A Case study:
- Trumps Inauguration on the 20th of Jan 2017 $BABA share price $92
- Trump loses to Biden in November 2020 $BABA share price was $270
Exactly 200% gain for $BABA over the 4 years of Trumps presidency.
The moment Trump lost, $BABA started its 4 year decline.
IT GETS BETTER!
15th of July 2016, share price is at $78
15th of July 2024 share price is at $78
Revenue in 2016 $15.9 Billion
Revenue in 2024 $131 Billion 8 times greater now but with the same share price.
If history repeats itself, $BABA has started its next bull run.
Federico Salerno
2024-07-15 18:18:56 +0000 UTCRene
2024-07-15 15:31:14 +0000 UTCChris H
2024-07-15 15:22:16 +0000 UTC