Markets Love Certainty

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.3 • 3.1K Ratings

🗓️ 6 November 2024

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Donald Trump’s 2024 election victory gave investors a swift and decisive read on America’s next president. We sort through the reaction and everything else going on in the market this week. (00:20) Asit Sharma and Dylan Lewis discuss: - The reactions to Donald’s Trump’s 2024 Presidential victory across the crypto, currency, and stock markets. And a reminder as you see Trump Trade headlines for specific sectors and companies. - Super Micro’s woes, and the outlook for a company with no auditor, no annual report and perhaps soon, no listing exchange. - Nvidia topping Apple as the most valuable company in the world and heading into the Dow Jones Industrial Average soon. - Why Novo Nordisk and Eli Lilly are giving totally different reads on the markets for GLP-1 drugs like Wegovy and Zepbound. Companies discussed: BTC, SMCI, NVDA, AAPL, INTC, NVO Host: Dylan Lewis Guests: Asit Sharma Producer: Mary Long Engineers: Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The results are in. Mottley Fool Money starts now.
0:11.7	I'm Dylan Lewis, and I'm joined over the airwaves by Motley Fool analyst, Asset Sharma.
0:16.0	Asset, thanks for joining me.
0:17.8	Dylan, thank you for having me.
0:20.3	Well, Asit, the market loves certainty, and the day after the 2024 election, we have it.
0:24.6	Donald Trump has more than 270 electoral votes and a large lead in the popular vote.
0:28.6	He has been elected our 47th president of the United States.
0:32.6	And as we tape today, S&P 500 up about 2%, dollar having one of its best days ever in eight
0:39.6	years, and Bitcoin at all-time highs.
0:42.9	There has been no shortage of chatter about the Trump trade and the market pricing in a win.
0:48.2	Anything jump out to you as we see the market process the news.
0:50.8	Dylan, I think what jumps out to me most is the broad-based movement across different
0:56.8	sectors, across different investing styles.
1:00.7	As you point out, the market doesn't like uncertainty.
1:03.6	It likes certainty.
1:04.6	So one thing we have here is a quick result.
1:08.8	That certainly helps rather than us piecing together over days and weeks who actually won. So this is a quick result. That certainly helps rather than us piecing together over days and weeks
1:12.7	who actually won. So this is a net positive in the market size. And also the certainty that
1:18.1	comes with having seen the Trump administration in action, a dry run, if you will, for four
1:24.4	years. So the market already understands the priorities that a new administration is going
1:29.7	to bring. It's going to be one that is less harsh on the regulatory side. It will favor things
1:36.1	like crypto. As you mentioned, there's a strong dollar element to that, a lot of talking up
	...

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