Eric Trump: Bitcoin will continue to soar
News on November 8, Eric Trump recently expressed strong optimism about bitcoin in an interview: "First of all, the biggest families want bitcoin, the largest private wealth funds want bitcoin. Fortune 500 companies are all valuing it. People are hoarding bitcoin. I mean, there are some major countries that are using all their excess energy to mine bitcoin. Guys, I don't know how many more times I can tell you, I think it's gonna continue to soar. I think it's gonna do really well, and I am all in. (I think it's gonna continue to rip. I think it's gonna do really well, and I am all in.)"
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
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