My First Election Prediction Suggests Huge Profits for This Crypto Niche

My First Election Prediction Suggests Huge Profits for This Crypto Niche

Years ago, I had a friend (we’ll call him Joe) who was a staunch Republican. Not surprisingly, he wasn’t a fan of President Barack Obama.

In March 2010, President Obama signed the Affordable Care Act (ACA) – also known as Obamacare.

The ACA significantly changed the healthcare system in the U.S. by reducing the amount individuals and families paid in uncompensated care. The act required every American to have health insurance. And it aided those who couldn’t afford a plan.

So I started to research how Obamacare would affect the healthcare industry. Based on my research, I knew the law would be a boon for certain healthcare stocks.

Like most Republicans, Joe opposed Obamacare. So he sat on the sidelines.

I urged him to reconsider.

I said, “Joe, my job isn’t to tell you to agree with someone’s policies. My job is to uncover the best ways to make money from them.”

Over the next seven years after President Obama signed the ACA into law, healthcare stocks such as Molina Healthcare, The Cigna Group, and UnitedHealth Group rose 250%, 340%, and 392%. By comparison, the S&P 500 was up 114%.

Another sector that did well under the Obama administration was defense.

In 2014, stock prices for Lockheed Martin, General Dynamics, Raytheon, and Northrop Grumman set then-all-time record highs when President Obama committed to sustain an airstrike policy again Syria and Iraq.

I remember telling Joe, “You’ve got to buy Northrop Grumman. Defense spending is going to go through the roof. You have to buy now.”

He responded, “Nope. Obama is in office. I’m not buying any stocks.”

I said, “Joe, all you're doing is hurting yourself.”

Despite my urging, Joe stayed out of the market. And he left so much money on the table during President Obama’s tenure.

Friends, here’s why I’m telling you this…

Whether you supported or opposed President Obama, there was a ton of money to be made from healthcare and defense stocks during his administration.

I saw something similar in December 2018, when President Donald Trump signed the Tax Cut and Jobs Act (TCJA).

U.S. multinational companies that held their overseas profits in tax-haven countries were some of the biggest beneficiaries.

I know plenty of my Democrat friends missed out because they opposed President Trump… Just like my Republican friend Joe missed out because he opposed President Obama.w

Longtime readers know I never get political in my newsletters. I’ll never try to change your political views or ask you to change your opinions of any policy.

Those are your decisions. And I fully respect that.

What I am urging you to do is not let your political viewpoints impoverish you.

Because at the end of the day – no matter who wins an election – there will be some money-making opportunity in the markets.

And based on my research, the outcome of the 2024 presidential race will trigger a boom in a small niche of the crypto market.

Crypto Will Get a Boost From the Election