According to Reuters, the excited anticipation of President-elect Trump's policies will boost the outlook for industries such as banking, energy and cryptocurrency.
Michael Rosen, Chief Investment Officer at Angeles Investments said: "People are hoping that taxes and regulations can be reduced or diminished next year, which will help support corporate profits - a major driver of markets."
In addition, Trump's inauguration on January 20th next year may also bring some surprises to the market. It is expected that he will issue at least 25 executive orders on his first day in office, covering a range of issues from immigration to energy and cryptocurrency policy.
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