AE
With Trump being voted in as U.S. president, what will traders focus on?
With a new president come new economic policies that have implications for financial markets worldwide. Traders often consider this period as one of volatility and opportunity.
Stock indices
Stock market indices are a quick way to trade around the U.S. presidential election, and this time was no different. The S&P 500 shot higher the day following the election as uncertainty diminished, with expectations that Trump will introduce pro-growth strategies. In the current situation, where the president is Republican and Republicans also control the House and the Senate, typical annual growth has been 12.9% per year. Notably, from 1950 to November 2023, election-year returns have ranged between -40% and +30%, with the return on 6 November already at 23% year-to-date, indicating a rather limited upside.
Impact of Trump's Victory on U.S. Stock Market and Economic Policy
Private prisons and illegal immigration
Auto
Renewable energy
Domestic gas and oil production
Housing
Ready to trade?
Ready to start your trading journey with ThinkMarkets? Apply for an account in just a matter of minutes.
