What Trump is planning for day one — and what could matter most for investors
Published On Jan 17, 2025, 9:24 AM
This article discusses Donald Trump's plans for his first day in office during his second term, highlighting a significant focus on energy and immigration. Trump aims to sign around 100 executive orders, with immediate actions expected on border security and energy policies favoring fossil fuels. The article raises concerns about possible tariff actions against Mexico and Canada, which could have wide implications for international trade and investor confidence. Other potential executive actions could involve regulations around cryptocurrencies, TikTok, and student loans.
Stock Forecasts
XLE
Positive
Trump's focus on energy deregulation and support for fossil fuels may positively impact energy sector stocks and ETFs. In particular, companies involved in oil and gas production are likely to benefit from renewed governmental support for drilling and resource extraction.
SPY
Negative
Tariff actions, particularly harsh tariffs on imports from Canada and Mexico, could disrupt supply chains and negatively impact businesses relying on international goods. This uncertainty may lead to cautious investor sentiment, potentially causing declines in sectors such as consumer goods and manufacturing.
Related News
Donald Trump loves to use the stock market as a scoreboard. Interest rates will be the judge of that.
Jan 17, 2025, 2:00 PM
High interest rates have been weighing on the stock market rally, and there may be little Donald Trump can do to remedy that issue.
Elon Musk's trillion-dollar efficiency commission has Trump's support, but needs Congress' help
Jan 17, 2025, 4:13 PM
Many budget hawks have tried and failed to streamline the government and reduce gigantic annual deficits. Musk's efficiency commission will only succeed if forces a reluctant Congress to finally act.
Ahead of Trump Presidency, the Fed Quits Global Climate Network
Jan 17, 2025, 3:34 PM
The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.”