Rethinking Those Trump Trades Has Already Begun
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Markets have singularly revolved around Donald Trump’s election triumph this week and he will reshape the economic and political landscape.
Stocks and crypto reacted euphorically, with investors betting that the Republican victor will supercharge US economic growth, support American industry and loosen the regulation of digital assets. The S&P 500 is on the verge of closing out its best week in a year and Bitcoin cracked new all-time highs.