BlockBeats news, on November 8, Evercore ISI analyst Julian Emanuel stated that the U.S. stock market bull market is still in its early stages, and the stock market will accelerate upward during the upcoming Trump presidential term. "The prospect of regulatory relaxation in Washington, D.C. will drive the market up."

Emanuel stated that the S&P 500 index will reach 6600 points by the end of June next year, which means an 11% increase from current levels. He pointed out that Trump's efforts to relax institutional regulations may help boost corporate profits. (Jin Shi)