Stock market 'exuberance' looms ahead with Trump win
Published On Nov 7, 2024, 11:21 AM
Following Donald Trump's presidential election victory, stocks are expected to rise sharply. Analysts predict an 'exuberance' in the markets with significant gains in the upcoming months driven by fast-paced policy initiatives. The S&P 500 could reach 6,600 by mid-2025, reflecting an 11% increase from current levels as speculation and strong sector performance, like Tesla's recent surge, contribute to market optimism. However, high valuations and potential inflation risks remain concerns for investors.