In the recent elections, Republicans in Abd—namely Trump, the New York City mayor, and some gubernatorial races—lost all of them. Overall, the main takeaway is that Trump's instability aside, the most recent reason why people on the opposition side are turning out to vote is the impact of the largest government shutdown in history, which is being blamed on Trump. If he continues with this mindset, there's a risk that in the midterms, the Senate could shift to the Democrats, leading to the so-called "lame duck" position, with energized Democrats talking about a "blue wave." Of course, there's almost a year until the election.

The expectation is that Trump, like any politician whose base is starting to slip away, will resort to populist tactics centered around printing and distributing money, fueling the election economy. Trump will likely have to quickly capitulate to opposition demands and open the government before the Thanksgiving holiday at the end of the month; otherwise, this reaction could escalate into a situation that can't be resolved with just a couple of moves. If this scenario unfolds as expected, we can anticipate positive news flowing into the markets starting from December without delay. I believe institutions will position themselves based on this anticipated abundance and the expectation of a decline in the DXY.

Some analyses claim that 2026 will be a bear year for all markets, with the rally already over. I disagree. I see the coming year as the harvest year for everything Trump has sown over the past year. Everyone, including crypto, will benefit significantly from this.