Case Study: Elon & Trump Feud

XAUUSD

Phase 1: Big, Beautiful Bill

Trump planned bill on tax cuts and spending. Hence causing US budget deficit by $600bn next year. Affecting Consumer Price Index drop by 0.1% compared to forecast value 0.3%.

Phase 2:Unemployment Arises

Budget deficit causing some company has to let go their employee leads to arises of unemployment. Unemployment claims increase by 248K.

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Case Study: Elon & Trump Feud

S&P500

Phase 1: Trump and Elon Feud cooling down

After a few weeks having X war, debating on Tump's Big, Beautiful Bill, Elon has post a tweet commenting he is regreting for what he has post".

Phase 2:Unemployment Arises

Budget deficit causing some company has to let go their employee leads to arises of unemployment. Unemployment claims increase by 248K.

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Case Study: Elon & Trump Feud

NASQ100

Phase 3: Electric Vehicles subsidies cut

US President, Donald J. Trump Cutting EV subsidies leads EV car price especially TESLA owned by Elon Musk and also SPACE X spike.