Reported 14 days ago
Policymakers, particularly in light of recent election outcomes favoring former President Trump, are cautious about implementing policies that could negatively impact the stock market. This is rooted in the recognition that many Americans, including influential billionaires, hold wealth in the stock market and that a decline in stock prices could reflect poorly on political leaders. As the stock market serves as a significant driver of wealth and sentiment, politicians are likely to tread carefully to avoid policies that could harm investor confidence. Furthermore, robust economic indicators and a recovering job market present a favorable outlook for the stock market, suggesting resilience amid uncertainty.
Source: YAHOO