After two hurricanes and an aircraft maker strike weighed on the labor market in October, the November jobs report released Friday gave investors what they were looking for.
The U.S. presidential election results fueled November’s stock market rally, as investors focused on the incoming administration’s policy agenda and its implications.
Despite periods of uncertainty around the Federal Reserve, the presidential election, and geopolitical conflicts, the stock market has delivered exceptional returns in 2024.
Today, market enthusiasm is the result of the “Trump trade,” which refers to investments that benefit from the expected policies of the next administration.
Along with the uncertainty of the past few years, it’s no wonder that we're seeing a 2024 gold rally as prices have risen to record levels above $2,700 per ounce.
What Will The Trump Administration Do First?