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.

[Wrestleknownothing]

Hold all tickets

[Bigbrog]

Curious...honestly...but what does it mean to "hold all tickets"??

[Wrestleknownothing]

1 minute ago, Bigbrog said:

Curious...honestly...but what does it mean to "hold all tickets"??

It is a horse racing term. When the results need to be reviewed and they do not want you to tear up or throw out your betting slip. It is like "upon further review".

[Danny Deck]

Isn't this about the rate cut rather than the election? 

Events have continued. 

[Wrestleknownothing]

12 minutes ago, Danny Deck said:

Isn't this about the rate cut rather than the election? 

Events have continued. 

It is about the Fed saying they will slow down future rate cuts because they cannot be certain what Trumps policies will be. Powell also was prepared with a copy the Fed's past study on tariffs and inflation. He stated they are still looking into possible effects, but that is hard to do until there is some certainty.

Edited December 18, 2024 by Wrestleknownothing

[ionel]

6 minutes ago, Danny Deck said:

Isn't this about the rate cut rather than the election? 

Events have continued. 

Fed chair was speaking and everything crashed.  

[Bigbrog]

2 hours ago, Wrestleknownothing said:

It is a horse racing term. When the results need to be reviewed and they do not want you to tear up or throw out your betting slip. It is like "upon further review".

Thanks

[jross]

The story is bigger than what Trump may do, yes?