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Stocks Surge to Record Highs as Trump Returns to Presidency

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sanman

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We can see markets everywhere welcoming the election of Trump with a massive surge:

Stocks surge to record highs as Trump returns to presidency​

NEW YORK, Nov 6 (Reuters) - U.S. stocks rallied sharply to close at record highs on Wednesday after Republican Donald Trump won the 2024 U.S. presidential election in a stunning comeback four years after being voted out of the White House.
The Dow Industrials, S&P 500 and Nasdaq Composite each ended at record levels with investors expecting lower taxes, deregulation and a U.S. president who is not shy to weigh in on everything from the stock market to the dollar, although fresh tariffs could bring challenges in the form of a higher deficit and inflation.
The Republican's win powered a rally in so-called "Trump trades," sending U.S. Treasury yields sharply higher, with the benchmark 10-year note yield hitting a four-month high of 4.479%. Bitcoin hit a record high of over $76,000 and the dollar was on track for its biggest one-day percentage gain since September 2022.
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Yet another ringing endorsement.
 
I'm sure some of it may be because Trump is seen as good for business. However, I think a lot of it is probably because we have an answer and there is not going to be the kind of chaos that accompanied his loss and attempted overthrow of democracy in 2020.
 
Very interesting the sectors that are moving up. Equally interesting the ones that aren't. Look beyond the number.
 
Bucky said:
The war needs to end.
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yes, Orange will stop the war in one day. nuff said.

Prophetically and according to the Club of Rome, russia will get ALL of Eastern Europe.

get used to it.

stop sending Billions over there, send them here at home

thank you.



Bucky said:
We will save so much money not giving blank checks for an unwinnable war.
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Bucky said:
The war needs to end. We will save so much money not giving blank checks for an unwinnable war.
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Not to worry, Trump will compensate Putin as soon as he is sworn in.
 
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