Now that Trump is the new President whereare the best places to shift money to? Fortunately I have $NVIDA and a few smaller fish but there looks like there are a lot more movers out there.
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So far it’s money moving into anything related to infrastructure stocks, Pharma, and banks, and out of big tech and anything that’s interest-rate sensitive (utilities, REITs, etc). The most dramatic impact on financial markets has been the rising rate in the 10-year Treasury Note over the past week as the anticipation of big new spending programs and possible inflation from fiscal stimulus (as opposed to monetary stimulus, which isn’t so stimulating anymore) sends rates higher.
I think probably everything that has happened over the past week in the markets is likely to be an overreaction when the dust settles, but that’s just a guess — but it will take some time and some real inkling about the actual priorities of the new administration and the level of buy-in from Congress, particularly within his own party, before any real economic impact can be reasonably guessed at, so for now people are just speculating on sentiment and trends. THht’s why I’m trying not to make any big moves at the moment, though the change in interest rate expectations has brought some pretty dramatic one-week shifts to my portfolio.
Motley Fool is touting “Profit Playbook: 11 Stocks for Trump” and “11 stocks poised to profit from Trump’s first 100 days as president”. Any insights into these stocks?
Any insites in 11 stocks to buy…?