Stocks soar after Trump wins, but will it last?

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Yahoo Finance

Yahoo Finance

Күн бұрын

he U.S. stock market has hit record highs after Donald Trump wins the 2024 election, but will it last? Unlimited Co-Founder, CEO & CIO Bob Elliott tells Yahoo Finance Live that he expects more accommodative fiscal policy and a greater boost to the U.S. economy once the Trump administration takes office. While the U.S. economy is already positioned for growth - expanding at a rate of 2-3% with low unemployment - Elliott warns that expansionary fiscal policy could make the economy “too hot.” This may prompt the Federal Reserve to tighten monetary policy more than expected. “If we have expansionary fiscal policy into a relatively strong economy, that'll run the economy too hot and the Fed will need to be a little tighter than people had expected,” Elliott says to anchors Josh Lipton and Julie Hyman.
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Пікірлер: 14
@RashelYeva
@RashelYeva 4 сағат бұрын
!!I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $2m+ before retirement.
@SandrineKouassir
@SandrineKouassir 4 сағат бұрын
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@AnastasiaAngelinaPetrova
@AnastasiaAngelinaPetrova 4 сағат бұрын
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@SandrineKouassir
@SandrineKouassir 4 сағат бұрын
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@AnastasiaAngelinaPetrova
@AnastasiaAngelinaPetrova 4 сағат бұрын
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@RashelYeva
@RashelYeva 4 сағат бұрын
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@usernotfound904
@usernotfound904 3 сағат бұрын
Already taking credit for Bidens economy
@Techn9cian123
@Techn9cian123 13 минут бұрын
stocks are surging because of the optimism of Trump winning.
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