In this video, I discuss the latest 2020 election results, and their implications for stock prices and Bitcoin.<br /><br />The U.S. will need to run huge budget deficits for the next decade, whether we have Republicans or Democrats running the show. As a result, the Fed will need to continue to print money and monetize the debt, resulting in a loss of purchasing power for the USD, and much higher equity and Bitcoin prices. Because our debt is growing much faster than our GDP, the end result is pretty much baked into the cake, no matter who is president.<br /><br />Not investment advice! Consult a financial advisor.<br /><br />U.S. Presidential election prediction market:<br /><a href="https://www.predictit.org/markets/detail/3698/Who-will-win-the-2020-US-presidential-election" target="_blank" rel="nofollow">https://www.predictit.org/markets/detail/3698/Who-will-win-the-2020-US-presidential-election</a><br /><br />U.S. Senate prediction markets:<br /><a href="https://www.predictit.org/markets/2/Senate" target="_blank" rel="nofollow">https://www.predictit.org/markets/2/Senate</a><br /><br />Biden's tax plan:<br /><a href="https://taxfoundation.org/joe-biden-tax-plan-2020/" target="_blank" rel="nofollow">https://taxfoundation.org/joe-biden-tax-plan-2020/</a><br /><br />U.S. Debt Clock:<br /><a href="https://www.usdebtclock.org/" target="_blank" rel="nofollow">https://www.usdebtclock.org/</a><br /><br />Total Public Debt:<br /><a href="https://fred.stlouisfed.org/series/GFDEBTN#0" target="_blank" rel="nofollow">https://fred.stlouisfed.org/series/GFDEBTN#0</a><br /><br />U.S. GDP:<br /><a href="https://fred.stlouisfed.org/series/GDP#0" target="_blank" rel="nofollow">https://fred.stlouisfed.org/series/GDP#0</a><br /><br />Bitcoin price at last 3 elections:<br /><a href="https://twitter.com/danheld/status/1323692936098324480" target="_blank" rel="nofollow">https://twitter.com/danheld/status/1323692936098324480</a><br /><br />Bitcoin stock to flow model chart:<br /><a href="https://digitalik.net/btc/" target="_blank" rel="nofollow">https://digitalik.net/btc/</a><br /><br />Bitcoin 200-week moving average moving up:<br /><a href="https://twitter.com/100trillionUSD/status/1323656084960256000" target="_blank" rel="nofollow">https://twitter.com/100trillionUSD/status/1323656084960256000</a><br /><br />Chart of Bitcoin user adoption rate:<br /><a href="https://twitter.com/woonomic/status/1323858174881918977" target="_blank" rel="nofollow">https://twitter.com/woonomic/status/1323858174881918977</a><br /><br />The Case for $500k Bitcoin:<br /><a href="https://winklevosscapital.com/the-case-for-500k-bitcoin/" target="_blank" rel="nofollow">https://winklevosscapital.com/the-case-for-500k-bitcoin/</a><br /><br />Check out my online trading courses:<br /><a href="https://www.trader.university/join" target="_blank" rel="nofollow">https://www.trader.university/join</a><br />Use this secret coupon code to get a discount: YT99<br /><br />Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":<br /><a href="https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5" target="_blank" rel="nofollow">https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5</a><br /><br />I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.<br /> <br />My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.<br /><br />#Stocks<br />#2020Election<br />#Bitcoin<br /><br /><br />Disclaimer<br />Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.<br />...<br /><a href="https://www.youtube.com/watch?v=5mhZwx0k5lA" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=5mhZwx0k5lA</a>