High on Hope, Wall St. Hears What It Wants From Trump
Published On Dec 17, 2024, 5:03 AM
Investors are optimistic about President-elect Donald Trump's agenda, expecting tax cuts, deregulation, and favorable immigration reforms, all of which could boost the economy. There is a general belief that Trump's tougher promises, like tariffs and harsh immigration policies, will not be fully enacted or could be moderated by market reactions. There's a sense that Trump will prioritize the stock market's performance given his historical emphasis on it as a measure of success. Despite the positivity, some analysts express caution, suggesting that the optimism may not align with reality.