Trump Election Victory: 5 Stocks Benefit Most
Coinbase(COIN) ZACKS·2024-11-21 18:25
Presidential Impact on Stocks Earlier this month, former President Donald Trump defeated Vice President Kamala Harris to become the president-elect. As I have discussed in previous commentaries, the data suggests that U.S. presidents have little impact on the overarching market for two reasons: 1. The U.S. Economy is Massive: Though presidents wield the most power in the U.S., the economy is akin to a giant tanker – its immense size and complex interconnectedness make it challenging to switch directions on ...