RedState
Are Stock Markets Rallying in Anticipation of a Trump Victory?
By Ward Clark | 2:04 PM on July 16, 2024
The opinions expressed by contributors are their own and do not necessarily represent the views of RedState.com
AP Photo/Frank Franklin II
Among all the other things the United States is - a bastion of freedom, a shining city on a hill, the last great hope of mankind - the United States of America is and always has been a country that does business. America is a merchant nation, and as the saying goes, "the business of America is business." And, in recent years, there has been on major national political party that is friendly towards business (Republicans) and one that is hostile to business (Democrats.)
The stock markets are very sensitive towards changes in the business environment, which is why it's interesting to see them rising now since former President Donald Trump has not only survived an assassination attempt while managing to look heroic, but he has also officially clinched the Republican presidential nomination and selected his running mate.
Are the markets indicating they favor a second Trump term? It would seem so.
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READ MORE: https://redstate.com/wardclark/2024/07/16/are-stock-markets-rallying-in-anticipation-of-a-trump-victory-n2176945
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