Janice R. Andrews
Wealth Alliance president Eric Diton recently discussed on Catalyst how both Bitcoin (BTC-USD) and gold (GC=F) could see continued upward momentum, regardless of the upcoming U.S. presidential election results. His analysis centers on broader economic fundamentals, particularly highlighting the $35 trillion national debt and the absence of concrete debt reduction proposals from either campaign.
Diton emphasizes the bond market’s response to recent Federal Reserve rate decisions as an important indicator of institutional investor sentiment. In his sector-specific analysis, he associates potential market impacts with different electoral outcomes: traditional energy, retail, and defense sectors could see positive movement under a Trump administration, while healthcare stocks, particularly those related to Medicaid and Medicare services, might benefit under a Harris administration.
