Kevin O'Leary declares Trump 'saved entrepreneurship' and the 'entire' S&P model

Published On Nov 6, 2024, 10:23 AM

Kevin O'Leary praised Donald Trump for revitalizing entrepreneurship and the S&P 500 model, suggesting that Trump's economic policies helped to avoid higher corporate taxes, thereby attracting capital back to the U.S. Following Trump's election victory, U.S. stocks, including the Dow Jones Industrial Average, saw significant gains. O'Leary argues this recovery demonstrates the resilience of the American economic model, and he believes Trump's leadership will positively impact market dynamics moving forward.

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The market's optimistic reaction to Trump's election indicates strong investor sentiment towards pro-business policies. This could lead to further gains in the stock market as investors anticipate a business-friendly environment that fosters growth and corporate investment.

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