Market thoughts on the election

[mspart]

From Yahoo finance.

 

 

 

All three indicate that the election is was generally good for the market.   If I  am interpreting this right. 

mspart

 

 

[Wrestleknownothing]

There is no doubt the equity markets reacted positively to the election results, jumping 2.5% the next day, and another 1.3% since. 

But to be fair, the market has been on a tear for the last two years at +56%. 

So, the question is why did market participants like Trump's election? I think the promise of deregulation is the answer, but there could be others. It seems to me that mass deportation, mass government layoffs, and punitive tariffs are all inflationary policies on their own, but combined would be devastating to the economy. My guess is that market participants are discounting that they will actually happen. No one who thinks critically believed Trump when he said he would get Mexico to pay for the wall, either.