chaotic!
Who can predict his next move?
He will likely try to push the stock market higher as winning the economy seems to be a key focus of his. But perhaps any proposed benefits to the financial sector will be short term highs but end up with negative long term outcomes. Buffet commented recently about concerns of the US dollar value falling long term.
1-Year Anniversary of Trump 2.0: One Word to Sum Up Would Be?
This week marks the one-year anniversary of Trump’s re-election — so what has happened in the markets since then?
After Trump’s victory last year, Tesla surged 70% and Bitcoin broke above $100,000.
But one year later, the S&P 500 is up only 0.13% year-to-date, Bitcoin has fallen below $100,000, returning to where it started, and Tesla—after facing the Musk-Trump crisis mid-year—has retraced to fill last year’s price gap.
Meanwhile, U.S. stocks have broadly underperformed compared to other markets.
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