Trump Trades — Bitcoin Is Boss, Bonds at a Loss: John Authers

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Today’s Points:

• As Trump trades go, nothing beats Bitcoin (now above $70,000 again).
• US consumers are feeling better (but, bad news for Harris, political independents remain dubious).
• Narratives about the election don’t quite stack up, but they move prices.
• By the way, companies are making fat profits (with some exceptions).
• AND: Better moments from Madison Square Garden.

Bitcoin Reigns

Bitcoin’s rally is known as the quintessential Trump trade for a reason, and it’s moving to higher heights with barely a week to the US polls. ...