| Our PureVest Weekly Roundup looked at the markets’ strong reaction to Donald Trump’s Presidential win. All major indices rallied to new all-time highs. History points to the rally continuing through the year’s end; we have the data below. The Federal Reserve cut interest rates by another quarter point on Thursday. We also looked at the critical economic plans expected by Trump’s next administration; taxes and tariffs will remain in focus. Nividia will replace Intel in the Dow today. Enjoy the light reading, and have a great weekend! |
| Markets & Economy: Stocks surge to record highs as Trump returns to presidency source:www.reuters.com What the stock market typically does after the U.S. election, according to history source:www.cnbc.com Federal Reserve cuts interest rates by a quarter point source:www.cnbc.com China’s latest stimulus falls short of expectations source:www.reuters.com Trump’s plans to extend tax cuts and slash red tape will likely spur economic growth − but there’s a cost source:www.theconversation.com Nvidia is Now a Dow Member, as is Paint-Maker Sherwin-Williams source:www.investopedia.com Trump’s tariff plan: Why he’s pushing for them, and how they might end up raising prices source:www.cnbc.com |