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How are investors reacting to another Trump Presidency?

Author
Newstalk ZB,
Publish Date
Thu, 7 Nov 2024, 6:56am
A trader wearing a Trump hat works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Nov. 6, 2024. Donald Trump quickly put his stamp on financial markets as his victory in the US presidential election propelled "Trump Trade" plays across assets. Photographer: Michael Nagle/Bloomberg via Getty Images
A trader wearing a Trump hat works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Nov. 6, 2024. Donald Trump quickly put his stamp on financial markets as his victory in the US presidential election propelled "Trump Trade" plays across assets. Photographer: Michael Nagle/Bloomberg via Getty Images

How are investors reacting to another Trump Presidency?

Author
Newstalk ZB,
Publish Date
Thu, 7 Nov 2024, 6:56am

Having a clear winner so early in the US Election process could give some certainty for investors. 

Donald Trump is set to return to the White House, having claimed more than the 270 Electoral Votes needed.  

Markets are reacting strongly to the win, the US dollar surging in value, and bitcoin hitting a record high. 

But, Infometrics Principal Economist Brad Olsen told Ryan Bridge, there could still be some nerves and jitters until Trump is sworn in. 

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