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U.S. stocks are expected to get a short-term boost in the aftermath of the attempted assassination of former President Donald Trump over the weekend, as analysts say the likelihood of his victory in November has increased. Trump's lead has extended itself since Biden's poor debate performance two weeks ago which left his biggest supporters concerned about the president's ability to handle the rigors of another four years in office.

Will the stock market do better under Trump or Biden?

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Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
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Additional Resources
Victor Niederhoffer – Presidential Elections & The Stock Market
Trevor Jennewine: Article
Political Cycles & Industry Returns – Stangl & Jacobsen Paper
Hidden Forces - Henry Olsen Interview

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Gregor MacGregor was a Scottish soldier, adventurer, and con man who invented a Central American country called “Poyais,” in 1820 which he claimed to rule as the “Cazique.” MacGregor attempted to draw British and French investors and settlers to his fictional country. Hundreds invested in Poyaisian government bonds and land certificates, while about 250 emigrated to MacGregor’s invented country. MacGregor’s Poyais scheme has been called one of the most brazen confidence tricks in history.

Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvC

Patreon Page: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://buymeacoffee.com/patrickboyle

Visit our website: www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyle
Patrick Boyle on YouTube

The Land That Never Was By David Sinclair: https://amzn.to/4eVC3ED

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Every year, people around the world lose millions of dollars to a sophisticated scam known as “the pig butchering romance scam”.

The scam takes its name from the victims, who the scammers call “pigs” that they "fatten up" before slaughter. It usually begins with a text message that appears to be a wrong number. People who respond are lured into a long conversation with a good-looking and wealthy stranger who eventually offers to teach them how to make money with crypto investments. The investments are (of course) fake, and once victims send enough of their money, the scammers disappear. Victims frequently lose their life savings, and often the crime goes unreported because the victim is so embarrassed by what happened. A Kansas banker embezzled almost $50 million dollars from his bank as part of a pig-butchering scam, leading to the bank's failure.

In the bestselling book - Number Go Up by Zeke Faux, it was revealed that the people sending the messages are frequently victims themselves. In today's video we explore how the scam works and why cryptocurrencies like tether are to blame for the huge scale of this crime.

Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvC

Patreon Page: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://buymeacoffee.com/patrickboyle

Visit our website: www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyle
Patrick Boyle on YouTube

Zeke Faux - Number Go Up: https://amzn.to/3XJV7Q1
BBC Pig Butchering Documentary: https://www.youtube.com/watch?v=bW4wYV0V-5s
Griffin & Mei Paper: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4742235#:~:text=The%20perpetrators%20interact%20freely%20with,Binance%2C%20Huobi%2C%20and%20OKX.

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