Trump vs. Biden, boldly predicting the post-presidential election trend! How will the market move at that time!? [FX攻略.com Editorial Department]
The United States presidential election, held once every four years, will be held soon. It’s an event with a high potential for large market moves, worth watching even for investors. In this article, we will reintroduce details about Mr. Trump and Mr. Biden, and also share current topics and predictions from our editorial team. Readers, please forecast who will win and how the markets will move, and be ready to take optimal action!
*This article is a reprint and revision of FX攻略.com December 2020 issue. Please note that the market information described in the text may differ from the current market.
Basic information about the two contenders in the U.S. presidential election
Donald Trump
Date of birth
Born June 14, 1946, age 74
Affiliation
Republican Party
Ideology
Rated as conservative
Career
In 1971 he inherited his father’s real estate business and became known as the “Real Estate King of the United States.” He expanded into various businesses beyond real estate and became one of the most prominent businessmen. Although he had no political experience, he defeated Hillary Clinton and took office as president in 2017. He has also appeared on television and in films, and his strong personality boosted his popularity. He has frequently faced reports of scandals involving race, sexism, and relationships with women.
Joe Biden
Date of birth
Born November 20, 1942, age 77
Affiliation
Democratic Party
Ideology
Rated as centrist
Career
A lawyer by training, he was elected to the Senate in 1972 at age 29. In 1988 and 2008 he considered running for president but withdrew. From 2009, during the Obama administration, he served as Vice President, and with his wealth of experience as a veteran Democratic politician, he aims to win the presidency. On the other hand, his tendency to make remarks that can be controversial has been noted as a problem, and some recent comments have sparked suspicions such as “could he have dementia?”
