from Casey Research
“How will a Trump presidency affect my money?”
A lot of investors are asking themselves this question. That’s because stocks didn’t do what they were “supposed” to do when Trump won.
Heading into Election Day, basically everyone thought stocks would plunge if Trump beat Hillary. Some of the world’s top investors even predicted this.
But the exact opposite happened. Yesterday, the S&P 500 jumped 1.1%. The Dow Jones Industrial Average gained 1.4%.
Today, the S&P 500 is up another 0.2%. The Dow jumped 1.2% and closed at a new all-time high.