Market and Portfolio Update November 2016

November 01, 2016
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U.S. stock indexes this Wednesday after the election were trading higher, paring steep pre-market stock futures losses, after an early-morning astonishing victory by Republican candidate Donald Trump over Democrat Hillary Clinton. This was preceded by fearful trading overnight in foreign markets (especially in Asia). After initial post-election market jitters, traders now appear to be evaluating the potential economic benefits from Trump's plans to cut taxes and spend money on infrastructure projects that would put Americans to work. This has seemed to calm the U.S. market for now.

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