Stocks soar after Trump wins, but will it last?

he U.S. stock market has hit record highs after Donald Trump wins the 2024 election, but will it last? Unlimited Co-Founder, CEO & CIO Bob Elliott tells Yahoo Finance Live that he expects more accommodative fiscal policy and a greater boost to the U.S. economy once the Trump administration takes office. While the U.S. economy is already positioned for growth — expanding at a rate of 2-3% with low unemployment — Elliott warns that expansionary fiscal policy could make the economy “too hot.” This may prompt the Federal Reserve to tighten monetary policy more than expected. “If we have expansionary fiscal policy into a relatively strong economy, that'll run the economy too hot and the Fed will need to be a little tighter than people had expected,” Elliott says to anchors Josh Lipton and Julie Hyman.
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[VivekLuna]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

[torfriracookfera]

I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Lina Dineikiene for helping me achieve this

[davidbenett]

I've tried investing before, but it didn’t go as planned. With the markets reacting to Trump's return, the dollar spiking, and fixed income dropping, I’m thinking ETFs might be a more reliable option. What are the best 5 ETFs for a beginner looking to invest a lump sum?

[RashelYeva]

!!I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $2m+ before retirement.

[DejiAdegbite]

The stock market has been closing record highs for about a year. This is BS.

[CooperJones]

I remember Yahoo saying the market would crash if Trump won. You believe your own stupid lies, don't you Yahoo? LOL

[RosadorcasSladeWiggins]

You could invest in stocks, start a side business, or focus on advancing your career. It's important to set goals and make a plan. Remember, wealth can mean different things to different people, One thing i can say that helped me in life to reach my first million was starting early, i got curious and informed i became open to passive income, investments in equities, etfs and the likes. Also sought help to handle my portfolio which was my foundation. i'm ever grateful to Susan Kay Mack my FA.

[usernotfound]

Already taking credit for Bidens economy

[BobbyUpadhyay-vb]

As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season.