As the outcome of the U.S. election comes firmly into view, certain markets have moved dramatically, fueled by expectations regarding how a Donald Trump presidency and a unified Republican government might impact the economy and business conditions. So far, investors appear to be pricing in a more attractive business environment, especially for smaller domestic corporations; stronger economic growth; fewer Federal Reserve rate cuts; a stronger U.S. dollar; slightly higher inflation; more difficult conditions for Chinese businesses; and an easier regulatory environment for the cryptocurrency industry.
In this week’s Market Note, we take a look at each of these market and economic changes that occurred on the day following the election.
The Verus Market Note provides market commentary along with relevant charts and graphs. Each week, we highlight a key story from the finance world that we believe will pique your interest. While these insights are meant to inform and enrich your understanding of the current market landscape, they should not be taken as direct recommendations for immediate portfolio adjustments.
