📚 Today I had the honor to speak about ₿itcoin (again) at my high school. 2 hours of education for the kids and a wonderful experience for me. Topics such as inflation, fiat currencies, pollution, consumption, supply and demand, cost, price, value and much more were touched upon. It was a very productive and educational day. It is always nice to come back to class and share in a simple way something that has been with you for years and is a passion of yours, great! 🌍 The conclusion you come to is always the same and it's nice when the kids get it, a sign that they got the message: Bitcoin is social. #bitcoin #pollution #consumption #sustainability #efficiency #enviroinmental #economics #social #finance #inflation #school #fiat #currency #supply #demand #price #cost #value

(2/2) Let us continue. 💼 However, these expectations were quickly dashed by the President's emphasis on reducing the trade deficit through protectionist measures, in particular the announcement of "reciprocal" tariffs. This created considerable uncertainty, culminating in a 10% drop in the S&P 500 in just two sessions in April, which led the index to temporarily enter a bear market. Although the administration subsequently issued a 90-day moratorium to review the trade agreements, the market turmoil has not fully dissipated. 🗳️ On the political front, public opinion polls confirm a period of institutional weakness. The president's approval rating stands at 41%, the lowest for the first 100 days of a newly elected president since at least World War II. Only 22% of respondents say they strongly approve of the president's performance, while 45% strongly disapprove, signaling a significant polarization of the electorate. 📜 Another notable element is the extensive use of executive orders: 137 in the first 100 days. This massive recourse to the executive instrument seems unprecedented in contemporary history, clearly surpassing the figures of Joe Biden (45 orders) and Bill Clinton (14). To find a comparable precedent, one must go back to 1933, when Franklin D. Roosevelt signed 99 in the context of the economic emergency following the Great Depression. ⚖️ In summary, the first 100 days of Trump's second term appear to have been marked by high market volatility, political uncertainty and shaky investor confidence. While it is too early to make definitive judgments about the entire term, the economic and political indicators analyzed suggest an overall negative initial impact, both in terms of finance and governance. 📶 Stay tuned. #Trump #economy #market #analysis #USPolitics2025 #SP500b #presidential #impact

(1/2) Let's talk about the first 100 days of the Trump presidency. 📉 An analysis of the first 100 days of President Donald J. Trump's second term in office reveals a significantly negative picture for the U.S. stock market. Between January 20 and April 25, the S&P 500 Index fell 7.9%, making this period the second-worst in modern presidential history in terms of stock market performance. Only in 1973, during Richard Nixon's term, was the loss greater (-9.9%). This historical context is particularly relevant because it is associated with anti-inflationary policies that anticipated the 1973-1975 recession. 🇺🇸 From a historical perspective, average data from 1944 to 2020 show that the S&P 500 tends to rise by 2.1% during the first 100 days of a new presidency. The largest negative outliers, aside from the Trump case, are George W. Bush in 2001 (-6.9%), Dwight D. Eisenhower in 1953 (-5.8%) and Harry S. Truman in 1949 (-4.9%). At the other end of the spectrum are John F. Kennedy (+8.9% in 1961), Joe Biden (+8.5% in 2021) and Barack Obama (+8.4% in 2009), periods in which expectations of an economic recovery were broadly welcomed by the markets. ❌️ The negative performance of the markets under the second Trump presidency is even more significant when compared to the period between his re-election and Inauguration Day, during which the S&P 500 Index rose 3.7%. This period was interpreted by investors as confirmation of the so-called Trump trade, i.e. the expectation that an administration favorable to deregulation, tax cuts and support for the technology sector could provide a boost to the economy and financial markets. 📶 Stay tuned. #Trump #economy #market #analysis #USPolitics2025 #SP500b #presidential #impact