Investors Flock to Safe Havens After Trump Assassination Attempt After an assassination attempt on former President Donald Trump at a rally, investors are turning to traditional safe-haven assets such as the US dollar, Japanese yen, Swiss franc, and gold. Bitcoin has also surged past $60,000. The attack is expected to increase market volatility and boost Trump’s chances in the 2024 presidential election, especially given President Biden’s poor performance in a recent debate. This could lead to a rise in “Trump trades,” favoring assets like energy firms, private prisons, and credit card companies. Analysts predict an initial spike in the US dollar and bond yields, while tech and renewable energy stocks might suffer. Markets are on high alert for potential copycat attacks, and experts advise caution in reaction to immediate market movements. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts JPMorgan Predicts U.S. Recession Delayed to 2025 Following Manufacturing Rebound READ MORE China Unleashes Bold Measures to Rescue Property Market Crisis READ MORE Rethinking the 60/40 Strategy: BofA Suggests Commodities as the New Fixed Income READ MORE From Bust to Boom: Miners Seek Investor Redemption Amid Price Surge READ MORE Should I Buy Silver or Gold? Which Performs Best In a Crisis? READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment