Stock Market Surge Following Trump's Election Victory: Tax Cuts and Deregulation

Reported 19 days ago

Following Donald Trump's reelection victory over Kamala Harris, all major stock indexes experienced a substantial increase during premarket trading. Doug Holtz-Eakin, president of the American Action Forum, attributes this surge to anticipated deregulation and tax cuts, noting a significant contrast with the previous Biden administration's regulatory costs. He suggests Trump's plans may lead to economic growth, though concerns about tariffs and immigration remain prevalent.

Source: YAHOO

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