The market has been closely watching Donald Trump’s presidency, which began on January 20th. In this article, we will explore some key trends and movements in the market after one month of his administration.
Key Trends:
The stock market was volatile during Trump’s first week in office, with the Dow Jones Industrial Average experiencing a decline of over 100 points. However, since then, the market has experienced significant growth, with stocks rising by an average of 1% per day.
The US Treasury yield curve has also been impacted, with long-term interest rates decreasing due to expectations that Trump’s policies will stimulate economic growth.
Furthermore, the dollar has weakened against major currencies such as the euro and pound sterling, which could be a sign of a potential shift in monetary policy.
Overall, the market is cautiously optimistic about Trump’s presidency, but there are still many uncertainties that need to be addressed before making any concrete conclusions.
Source: https://www.ft.com/content/0d9098b7-08e1-4ba9-aa6c-8b9c83d91df1