Depending on your political persuasions, you either celebrated Donald J. Trump’s surprise electoral victory vigorously or went into despair. At least on social media, there doesn’t seem to be much in the way of a middle ground. But irrespective of your leanings, one thing stands clears: “The Donald” has been great for the markets.
From equities to cryptocurrencies, multiple asset classes have soared under the implications of a new presidency. Fundamentally, the driving force appears to be that Trump will take a hands-off approach, in line with the Republicans’ general policy of free markets and limited governmental intervention. The same should hold true for the casino business, which makes the VanEck Gaming ETF (BJK) a potentially attractive idea.
