Election Over, Market Still Undecided
The big post-election rally on Wednesday has petered out a bit as the week draws to a close. We know the nation is politically divided, and now the market is showing us its split personality as well. We warned investors on Wednesday that this could happen since the election was unlikely to immediately solve the issues of rates, tariffs, President’s Trump’s legal woes, or the slowdown in earnings growth next year. As a result, the major indices are trying to give back their Wednesday gains. ...