Holy dividends, Batman! On Tuesday night, President Trump won the election, and on Wednesday, the stock market went crazy. And I mean crazy. According to CNBC, futures on the Dow Jones Industrial Average Index soared 2.8 percent—or just less than 1,200 points—as of early Wednesday morning, but it didn’t end there. The Dow closed at 43,729.93, a gain of 3.57 percent or an increase of 1508 points. The NASDAQ gained 544 points, a 2.95% increase. The S&P gained 146 points for a 2.53% gain.
The dollar gained as well.
And what about Bitcoin?
From all of these early indications and reports, it certainly appears as if the United States is poised for a new golden age, especially since Republicans ran the table and secured a “government trifecta” by winning control of both houses of Congress and the White House.
Deutsche Bank analysts wrote in a research note, per Reuters:
VISIT OUR YOUTUBE CHANNEL“A potential unified government under President Trump would have the greatest degree of freedom for fiscal policy and would likely be the most dollar bullish outcome.”
“But even without control of Congress, a Trump victory would be decidedly dollar-bullish via the impact of tariffs, and the dollar should especially outperform against high-beta currencies.”
Trump thanked his supporters:
“I want to thank the American people for the extraordinary honor of being elected your 47th president and your 45th president.”
“And every citizen, I will fight for you, for your family and your future. Every single day, I will be fighting for you with every breath in my body.”
“I will not rest until we have delivered the strong, safe and prosperous America that our children deserve and that you deserve. This will truly be the golden age of America.”
From all of these early indications and reports, it certainly appears as if the United States is poised for a new golden age, especially since Republicans ran the table and secured a “government trifecta” by winning control of both houses of Congress and the White House.
After a grueling three-and-a-half years marred by crippling inflation, daily border invasions and terrifying crime waves, millions of Americans finally feel a glimpse of hope for a better future and a better America.
And the markets clearly concur with how those millions of Americans are feeling.
This article appeared originally on The Western Journal.
#stockmarketsurge #trumpvictory #newgoldenage
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