The market got all hot and bothered yesterday after President Trump's big win. The S&P 500 gained 2.5% on Wednesday, while the Dow was up 3.6%. Investors, rightly or wrongly, feel a Trump presidency will lead to greater economic growth.
Who knows if that will be the case? Democratic administrations have often had better economic numbers than their Republican counterparts, but the market sees what it wants to see. Four years from now, we’ll find out if investors were right.
