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☆ Volatility, higher rates, and surging bitcoin. Here's what analysts are saying about Trump's victory.
▼ + stars: | 2024-11-06 | by ( Will Martin | ) www.businessinsider.com time to read: +3 min

Analysts expect Trump's economic policies to increase inflation, and push interest rates higher. AdvertisementDonald Trump's victory is set to herald a new era of higher inflation, tighter monetary policy, and surging cryptocurrencies, analysts said in initial reactions to the presidential election result. The economic impact of Trump's second term is likely to be volatile, said Lindsay James, investment strategist at UK-based Quilter Investments. However, such cuts could be shortlived if Trump's trade policies, which include proposed near-universal tariffs, prove to be inflationary as expected. Bitcoin could hit $100,000One asset that analysts expect to surge in the wake of Trump's victory is bitcoin, which rallied sharply early on Wednesday morning.

Persons: Donald Trump, —, Donald Trump's, Lindsay James, Elon Musk, Thomas Matthews, Trump, Russ Mould, AJ Bell Organizations: Service, Investments, Federal Reserve, Capital Economics, Rabobank, White

☆ Trump’s remarks at Bitcoin event were delayed due to security concern, Secret Service says
▼ + stars: | 2024-07-30 | by ( Evan Perez | Steve Contorno | ) edition.cnn.com time to read: +2 min

CNN —Former President Donald Trump’s remarks to the annual Bitcoin conference on Saturday were delayed for about an hour after two individuals were removed from the premises for “not following proper entry protocols,” the United States Secret Service said. The two individuals were credentialed, the Secret Service said, adding that there was no “protective interest with these individuals.”The agency determined there was “never a threat to the former president,” a Secret Service spokesperson told CNN. The former president ultimately took the stage alone and no indication of a potential security issue was relayed to the crowd. The actions of the Secret Service that day led to bipartisan condemnation of the agency and the resignation of USSS Director Kimberly Cheatle. Acting Secret Service Director Ronald Rowe is set to appear before a Senate panel on Tuesday to discuss how the agency will approve security measures in the wake of the assassination attempt.

Persons: Donald Trump’s, “, ”, Trump, Thomas Matthews Crooks, Kimberly Cheatle, Ronald Rowe Organizations: CNN, United States Secret Service, Service, Secret Service, Trump, New, New York Post, Music City Center Locations: “, New York, Nashville, Butler , Pennsylvania

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