📊The Trump Trade and Rate Cuts: Insights and Market Impact!

Issue #6 TIA Market Recap...

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This Week’s Market Recap… 📊

Last week I talked about how it was the most influential week of the year due to the immense amount of earnings reports and economic data releases. However, I can say this week was definitely more impactful.

On Tuesday, Donald Trump got elected the 47th President of the United States. Markets reacted extremely positive. Wednesday was the best post election day performance in American financial markets history. Every index reached all time highs including a 5% rise in small caps. Bitcoin also rallied strong, rising 8% on Wednesday.

The rally continued on Thursday with the S&P and Nasdaq continuing their post election gains. The Federal Reserve had their November meeting and decided unanimously to cut interest rates by 25 basis points. Jerome Powell indicated in his press conference however that they were not on a set path, and would not comment on a potential rate cut in December.

As we digest all of the news we got this week, it will be important to allocate your portfolio strategically. So far the Trump trade has been almost everything, but more specifically small caps, Bitcoin, and Financials. As we reflect on the past week I think it is important to stay positive, get invested, and be optimistic!

Top ETFs on our Radar… 📈

$FAS Direxion Daily Financial Bull 3x Shares

As the market reacted to Trump being elected president, financial stocks rallied strong. $FAS rose 13.40% this week alone, as the financial sector reacted positively to potential less regulation under the Trump presidency.

Tune in every Monday and Friday for in-depth Market Analysis, Recaps, and a featured Stock & ETF.

Thanks for reading and have a great week!

-Ryan