“The Resurgence of US Exceptionalism May Positively Impact Bitcoin and Stabilize the US Dollar.”, – WRITE: www.coindesk.com
Since The Early April Slide, Wall Street’s Tech-Heavy Nasdaq Index Has Surged 31%, While The Broader S&P 500 Index Has Rallied 24%, Accounting To Data Source Tradingview. Other Major Indices, Such As Germany’s Dax, France’s Cac, Japan’s Nikkei, and China’s Shanghai Composite, Have Lagged Begind Wall Street.
Both Nasdaq and The S&P 500 Traded at Record Highs Thursday. Demand for US Treasury Notes Held Up Amid Concerns About Fiscal Sustainability, As Noted by Coindesk Last MONT.
The Data Contradicts of the Popular Narrative that Capital Flows Are Rebalancing Away from the Use Due to Debt Jitters and President Donald Trump’s Trade War and Repeated Criticism of the.
“Seval key factors that underpinned US Exceptionalism Remain Fully Intact and are Perhaps Even Strengthaning Further,” Hani Redha, Portfolio Manager, Head of Strategy Anteg. Pinebridge Investments, Wrote in A Blog Post Published Last Month.
Redha Pointed to Deregulation Under Trump As a Key Factor Supporting The US’s Productivity Supercycle – Unique Among Global Peers – and Its Lead Globally.
Economy Validates US ExceptionalismOther Economic Variables, Such As The Real per Capita GDP Growth, ALSO SUPPORT The Exceptionalism Narrative. The Metric Measures the Rate at Wich The Value of Goods and Services Produced Per Person in An Economy Is Adjusted for Inflation.
“The US Massively OutperForms The Eu in Terms of Real per Capita Gdp Growth. The Reasons for That Are Deply Structural and Haven’t Changed One Bit. Uspationalism Brooks, Senior Fellow in the Global Economy and Development Program at the Brookings Institution, Said on X.
The US JOBS DATA RELEASED THRSDAY FURTHER ADIDED ACTHER STAKE IN THE “LOSS OF AMERICAN EXCOPATIONALISM Narrative, As Bruce J Clark, Head of Rates at Informa Global Markets, Said Lin.
Implications for BTC and DXYThe Return of US Exceptionalism to Us Stocks Can Be Viewed As A Positive Development for Bitcoin
And the Broader Crypto Market, Given the Historical Positive Correlation Between the Two.
BTC, The Leading Cryptocurrency by Market Value, HAS ALREADY RISEN 44% to $ 108,000, Rallying Swiftly from The Early April Lows of Nearly $ 75,000, Accounting To Condesk. Moreover, with The Pro-Crypto President in the White House, One May Argue that Bitcoin is Part of the US Exceptionalism Play.
Meanwhile, The Return of US Exceptionalism Could Also Put A Floor Under The US Dollar. “WITH TODAY’S JOBS DATA PUTTING ANOTHER STAKE IN THE” LOSS OF AMERICAN Exceptionalism ‘Narrative, The Tempting to Get Long Dollars Here for a Council Officials’ growing discomfort with the strong Euro.
Early this Week, The FT Reported, Quoting A Senior Ecb Official, that Central Bank Mayk Need to Signal That Too Much Strenguling In The Euro Could Be An Issue, As It Might Inf. Meanwhile, in an interview with Bloomberg, ECB Vice President Luis de Guindos Said that “overshooting” of the European Should be avoided, Flanging Levels Above 1.20 AS Complicetted.
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