Stock market surge under Trump victory will push up Fed’s inflation metric
1 min read
The stock market is on fire, and Donald Trump’s election win is the match that lit it. The S&P 500 hit record highs as investors jumped on the so-called Trump trade, banking on the president’s pro-business policies. While Wall Street celebrates, the Federal Reserve has some math to do. Rising portfolio management costs, thanks to
Source: Cryptopolitan
