Reported about 17 hours ago
Investors have seen mixed results from 'Trump trades' based on expectations of his return to the White House, with significant gains primarily in stocks tied to mortgage giants Fannie Mae and Freddie Mac, as well as Tesla and private prison companies. However, broader market trends indicate a decline in smaller company stocks and energy shares, suggesting that optimism about Trump's influence may be overhyped. With upcoming factual developments expected, the viability of these trades will soon be tested.
Source: YAHOO