Got a 401K?
Dabble in crypto?
Invested in Tesla?
Invested in ANY stocks?
You ALL won:
The Trump trade is soaring as bitcoin, dollar, bond yields surge https://markets.businessinsider.com/news/stocks/trump-trade-...
The benchmark 10-year Treasury yield climbed as much as 21 basis points to 4.48%, the highest since early July. The two-year yield — the most directly sensitive to Fed monetary-policy changes — gained nine basis points to reach 4.27%.
The Bloomberg Dollar Spot Index was up as much as 1.7%, the most in four years, hitting its highest level since November 2023. The greenback climbed against every G10 currency, including gains exceeding 1.7% against both the euro and yen.
The S&P 500, Dow Jones industrial average, and Nasdaq 100 climbed to fresh record highs.
Founder and CEO Elon Musk has been an outspoken Trump supporter. Shares of Tesla spiked as much as 15% on Wednesday on expectations the electric automaker will be a major beneficiary of Trump's presidential return.
Why is it we continually have to have this class warfare? Its not just the ultra wealthy benefiting here, its everybody. Whatever happened to the "rising tides lift all boats" mantra? Its like people can't seem to get out of their way with their hatred for a man who just by winning an election set the markets on fire again in a single day.
Isn't that GOOD thing regardless of what party he represents? Its just unreal people continually cannot see the forest for the trees.