ChainCatcher news, according to Reuters, the excitement over the policies of the elected President Trump is expected to boost the outlook for some industries such as banking, energy, and cryptocurrency. Chief Investment Officer Michael Rosen of Angeles Investments stated: "People hope that next year's taxes and regulations can be lowered or reduced, which will help support corporate profits, and corporate profits are the main driver of the market."
In addition, Trump's inauguration on January 20 next year may also bring some surprises to the market, with expectations 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 policies.