On this episode of Squawk Pod, the morning after the 2024 election, what a red sweep would mean for the markets.

I think you're going to see a united government. I think the country seems to want a united government.

I think you're also likely to see the markets go up for a while.

Billionaire private equity investor David Rubinstein on the economic road ahead for America's new leadership.

You'll have to deal with the deficit issues, but I think the markets don't really care about deficits.

That's what you learn.

And his message to Democrats as down-ballot races continue rolling in.

Life will go on. The country won't fall apart. It's still the

strongest country economically, technologically in the world. I'm CNBC producer Katie Kramer.

Squawk Pod election 2024. Another episode starts right now.

Donald Trump, the former president, and now President-elect has defeated rival Vice President Kamala Harris and will return to the White House for another four years.

Though NBC News didn't call the election until about 5.30 Wednesday morning, the U.S. stock markets

were moving, almost like they already knew. Futures for the Dow Jones Industrial

average before the market opened were up over 1,300 points, over 3%. Futures for the S&P 500 were

up over 2%, and the NASDAQ futures were up 1.7.

Tech is also upbeat on the news, at least so far.

Tech analyst Gene Munster weighed in as we reported the returns on our special

four-hour post-election night edition of Squawk Box.

The tariffs, the taxes, that piece, that's probably a net mixed neutral.

On the regulatory front, this is going to be positive for big tech.

There's no question about it.

Cryptocurrency Bitcoin climbed to an all-time high of 75,000 overnight.

...