The U.S. stock market took off like a rocket the day after the election. Why did it rally as strongly as it did? Was it policy? Something to do with Trump himself? Relief the painful campaign process was finally over? Or could it be the next 2-4 years looks a little less cloudy than it did on Monday? After all, investors have already had 4 years of a Trump presidency. Or could it be some sort of combination?
In this week’s Trading Perspectives, Sam Clement and John Norris discuss the markets’ extreme reaction following the U.S. elections, and what to expect for the remainder of 2024 and moving into 2025.