 | | Alex Moschina
Publisher | There's a long-held belief that a Trump-helmed GOP is better for crypto than the Democratic Party. Well, "long-held" in crypto years, anyway. President Biden's appointment of Gary Gensler as Chair of the SEC was arguably the Democrats' biggest offense. ["Bigger Than the Personal Computer, the Smartphone and Even the Internet." Man Who Called Nvidia at $1.10 Says This Will Change the World. ] In the years since Gensler took on the role, his continuous framing of crypto as a hot bed for "frauds and scams" has cemented him as a villain in the sector. At the Bitcoin Conference in July, the (frequent) utterance of his name drew jeers from attendees. Former President Trump, on the other hand, spoke at the conference about establishing a U.S. Bitcoin reserve. He called for the U.S. to be the new "crypto capital of the planet." Anticipation for his speech was considered one of the factors that drove up the price of Bitcoin in mid-July. But are the reputations of "conservative crypto bulls" and "liberal crypto bears" truly earned? As we move closer to Election Day, the lines are getting blurrier. Take, for example, this Reuters headline from Tuesday... Tickets to the fundraiser will run between $500 and $5,000 a pop. The organizers - including the co-chair of a blockchain-focused law firm and a crypto/AI startup founder - are aiming to raise at least $100,000 for the Harris campaign. And let's not forget about the passage of the FIT21 Act. Spelled out, that's the Financial Innovation and Technology for the 21st Century Act. It's the closest thing yet to a legislative framework for cryptocurrencies. The crypto industry championed the legislation, and it was brought to a vote by the GOP. A whopping 71 Democrats voted in favor of the legislation. That's hardly the militant anti-crypto stance folks have come to expect. In many ways, this all highlights the continuation of a familiar theme in Washington - for any budding industry. In the words of Rep. Maxine Waters (D-CA)... | [Crypto advocates] have done what these special interest groups do: They lobby, and they convince people, and that's what's happened. | | | It's happened again and again, across myriad industries. Defense spending is a good point of comparison. | SPONSORED | | Little-known AI Stock Could be the Next Tech Giant The biggest profits of this $26.5 trillion AI revolution will NOT come from the likes of NVIDIA (NVDA), Microsoft (MSFT), or any other company you've heard of. The real money is in the smallest companies with the biggest upside - the ones operating in "stealth mode" that aren't blabbering to the media or huge PR firms. Manward Press Chief Investment Strategist, Shah Gilani, will release the details on these AI Stealth Stocks. The best part? They're still insanely cheap. In fact, one is trading for around $1. For now. Click here to see Shah's urgent briefing.  | | | Similar to crypto, the general consensus has been that conservative administrations are friendlier to defense companies. And yet, as Robert Ross pointed out in this week's Breakout Fortunes update, it is actually rare for any administration to cut defense spending... as it's considered "politically toxic." Former President Obama's defense budget was nearly $100 billion higher than that of former President Bush. And while it's no apples-to-apples comparison given the multiple geopolitical conflicts going on right now, President Biden's defense budget has been higher than former President Trump's. All of that is to say... If you're looking to gauge the likelihood of success for an industry - any industry - the answers don't lie on Pennsylvania Avenue... They're on K Street. Always have been. Have a great weekend, Alex | SPONSORED | | AI SINGULARITY IS 3 MONTHS AWAY This is the exact moment when AI will throw off its shackles, instantly growing billions of times more intelligent than Einstein. A two-time hedge fund manager is sharing a "Singularity Investor Playbook" you can use to position yourself at the forefront of this historic moment. TAKE THESE 3 STEPS NOW  | | | The Markets Are Off to the Races  It's a short trading week... and the market's reaction to Nvidia's earnings last week tells us what we need to know. Here's why you should be bullish... The Biggest Winner of the Fed's Coming Rate Cut  Rate cuts in absence of a broader economic crisis are good for risk assets. They create a more favorable environment for stocks, particularly small cap stocks. Here's why... Ford vs. GM: Which Is a Buy?  It's a battle for the ages... and only one is worthy of your investing dollars today. See which one here... Dealmaker's Diary: A 5G Stock That Towers Above the Rest  This cheap stock is in a critical industry... has low volatility... and makes the grade on Alpesh's GVI proprietary rating system. Don't miss the call on this one. Get it here. What the Markets Got Wrong About the Latest Economic Data  If there were ever a time to ignore the noise... it's now. The markets panicked over the latest payroll numbers. Here's a reality check from Shah...
Want more content like this? | | | | | Alex Moschina Alex Moschina is the Publisher of Manward Press. A gifted writer, editor and financial researcher, Alex's career in publishing began more than a decade ago when he worked at one of the world's leading providers of academic research and reference materials. Alex first cut his teeth in the realm of investing when he joined the team at White Cap Research in 2010. There he was charged with covering emerging market trends and investment opportunities. A stint as senior managing editor and editorial director at the prestigious Oxford Club followed. A frequent speaker at conferences and events, Alex has led educational workshops across the U.S. and Canada. | | | | 
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