The news hit like a bomb: With a historic election victory, Donald Trump has reclaimed the US presidency, and Wall Street reacted promptly – euphorically and impulsively.

The Trump Effect

Sebastien Page, Head of Global Multi-Asset and Chief Investment Officer at T. Rowe Price, commented that the markets have finally gained clarity – and with clarity often comes a bit of relief. "Now we know who will become president and what policies they are likely to pursue," said Page. Deregulation, tax cuts, and higher inflation appear to shape the direction of the US economy under Trump. These are the types of promises investors love.

Tesla on the Rise: Musk Benefits from New Proximity to Power

Fed Remains Calm – For Now

Where is the Trump tariff path leading?

Spirit of optimism or flash in the pan?

Conclusion: The stock market rejoices, but the future remains uncertain.