Reported 6 days ago
The recent stock market surge following Donald Trump's re-election has raised questions about investor optimism toward a potential Trump presidency despite the Biden administration's economic investments. Interviews with business leaders suggest that the market anticipates that Trump's potentially looser regulations might enhance cash flows for companies benefiting from Biden's infrastructure initiatives. This phenomenon, termed the 'Trumpian-Biden rally,' signifies a complex interplay between policies and market dynamics, with optimism tempered by the awareness of potential challenges ahead.
Source: YAHOO