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Stock market soars to record high after Trump election win | Vargas Reports

Stocks hit record highs Wednesday, after Donald Trump won the 2024 presidential election. Caleb Silver, Investopedia editor-in-chief, tells “Elizabeth Vargas Reports” that government spending and lower taxes is “good news” for public companies, resulting in these stock surges.

#StockMarket #S&P #DowJones #Election

Anchor Elizabeth Vargas delivers the biggest stories, without bias or opinion. Watch "Elizabeth Vargas Reports" every weeknight at 6p/5C on NewsNation. #VargasReports

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33 COMMENTS

  1. Tariffs are not inflationary.
    Anyone who says that is incompetent at economics.
    Inflation is, always and everywhere, a monetary phenomenon.
    Driving up specific prices by increasing real costs is not inflation.
    Inflation is ONLY when the supply/demand balance for money shifts against money.

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  3. No, no competent economist says Trump’s policies will be a disaster.
    Even though the tariffs would be bad, they will be more than offset by many other policies.

  4. I want to start a business building high quality furniture, high tariffs will help even the playing field and also I will spend the money that I earn in my local economy, thank you trump

  5. news nation started out great and the past 6 months have steadily gone down hill..
    hate to say it but the minute you hired chris cuomo your reporting overall has began to suck.

  6. This in not true as far as the economy goes being decent right now. Just ask those who are living pay check to pay check. Everything is up from 2020 by at least 25%. Some things even more. Somethings did drop, but not much to say the economy is doing great. Maybe if you want to compare it to when Inflation was 9.6% and then 6.9% which the average consumer knows those numbers where also a lie. This guy isn’t mentioning the one main factor that influences all consumer and industrial numbers. That’s the cost of energy such as electric and gas. Biden stopped oil in the USA when he shut down the transference of oil through the pipe line on Federal land. When oil is open to make the US self sufficient again like Trump had it going, all prices will drop. It’s simple as to why and anyone who runs a business knows it. Imaging using say only 1000 gal of gas/diesel a week (that’s a smaller business). If you save 25% for that gas. that’s roughly 5000/week your business saved. That’s a lot of cash. Now imagine box stores doing the same 1000 times more. Now were talking 5M/week. Now think about the saving on Trucking and delivering materials that carriers don’t have to pay for that fuel and can lower their cost because their competitors are trying to get their business. It’s a snow ball effect. This guy is either hiding that fact or is not telling the truth or isn’t very smart. Everyone in businesses big or small knows this. I didn’t even mention the cost to heat and cool factory’s the rise in rent prices etc, etc etc.

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