It was indeed a change election.

The economic changes to come ahead on the program today from American Public Media.

This is Marketplace.

In Los Angeles, I'm Kyle.

It is Wednesday, today, November the 6th.

Good as always to have you along, everybody.

The list of things that are going to change in this economy under President-elect Trump is a long one.

We are going to spend the program today talking about them.

The first started happening

even before the election was called in the wee small hours of this morning. Markets started noticing

and money started moving. And it kept happening throughout the day. The major indices up two and a half

percent or more across the board. Bond yields spiking.

The change at hand here is certainty, or perhaps the absence of uncertainty now that we know who has won.

With the obligatory caveat that the stock market is not the economy, we'll talk about the actual economy in just a minute.

Marketplace is Subri Beneshire gets us going.

The stock market is up for a pretty simple reason.

One of the many proposals that Donald Trump made while on the campaign trail was that he was going to cut the corporate income tax rate.

David Kelly is chief global strategist for J.P. Morgan asset management. Business tax cuts are good for earnings and stocks.

Then there is the VIX.

That is a measure of market volatility and or fear.

That was down more than 20% by early this morning.

There was a fear of instability.

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