What does a second Trump term mean for the economy? That will take years to play out but the initial reaction is enthusiastic.
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00:00What does a second Trump term mean for the economy?
00:03Well, that will take years to play out, but the initial reaction is enthusiastic applause.
00:09The markets opening up across the board, the Dow is shooting up more than 1,200 points
00:14or 3-plus percent.
00:16The tech-heavy Nasdaq opens up 400 points up 2-plus percent, and the S&P surging more
00:22than 100 points or 2 percent.
00:25And your Treasury yield jumped 17 basis points to trade at its highest level since July as
00:31investors bet a second Trump term would increase economic growth.
00:35The U.S. dollar posting its biggest gain in eight years, and Bitcoin hitting an all-time
00:41high above 74,000.