Donald Trump’s victory sent Wall Street into euphoria. Anyone who trusts the right companies now can truly benefit from the election results. The ‘Krone’ looked at which stocks are currently very popular and which ones you should stay away from.
“America first” is the Republican motto. This is especially true for the economy. Trump wants to strengthen industry in America and make the country independent. Trump is taking over the US in a relatively good situation – at least as far as the stock markets are concerned. Not since the 1930s have stock exchange elections taken place under such good auspices. The S&P 500, which includes the 500 largest companies, has risen more than 20 percent since the start of the year. Corporate profits will rise by ten percent this year and are expected to rise another 15 percent by 2025. The Nasdaq and the Dow Jones are also showing pleasant price increases.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
