Donald Trump’s return as president of the United States for the second time has boosted equity markets on bets of lower corporate tax, favourable tariffs and deregulation, lifting shares of banks, locally focused small-cap companies and Trump Media.
His promise to make Tesla CEO Elon Musk head of a government
efficiency commission after the billionaire backed Trump throughout his
electoral campaign led to a 12.5 percent surge in the shares of the
electric carmaker. more...
