Wall Street's Trump Edge: Unveiling Investor Preferences for 2024
Wall Street Admits The Real Reason They Want Trump in 2024
Why do Wall Street insiders prefer Trump over Biden in the next presidential election? The answer may surprise you. Keep reading to find out the real reason financial bigwigs are crossing their fingers for a Trump victory in 2024.
Stocks Do Way Better When Trump’s Winning
When Trump's ahead in the polls, stocks go up a whole lot. One investing letter said stocks have gone up 35% a year when Trump's winning. But when Biden's winning, stocks only go up 3% a year. That's a huge difference! Stocks are 10 times better under Trump. Why is that?
Well, when Trump is ahead, investors think he's more likely to win the election. And Wall Street really wants Trump to win again. They know his policies help businesses make a lot more money. And when companies make more cash, their stock prices go up.
Trump cut business taxes back in 2017. He'll probably keep those tax cuts if he wins again. But Biden wants to get rid of them. Lower taxes mean higher profits for corporations. So investors want those tax cuts to stick around.
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Trump Rolled Back Regulations that Hurt Business
Trump also made way less business rules when he was president. He got rid of a bunch of regulations that were just costing companies more money for no good reason. The experts say those useless rules cost regular families thousands of dollars a year. Who needs that?
But now Biden has added back a ton of new red tape and rules that make it harder for American companies to grow. All those burdensome regulations eat into corporate profits. And lower profits equal lower stock prices. No bueno for your 401k!
Biden also seems way more willing to go after companies with antitrust lawsuits and investigations. He's using antitrust as a political weapon rather than just a tool to help consumers. Trump was much more careful and thoughtful in enforcing antitrust laws.
Under Trump, the Economy Was Strong and Predictable
Here's another big reason Wall Street wants Trump back. With him as president, the world was just more peaceful and stable. Trump was really tough on places like Russia, China, Iran and North Korea. He didn't let them get away with bad stuff.
That helped American companies feel confident investing for the future. The more confidence businesses have, the more they grow and hire. Under Trump, average incomes went up almost 3% in just a couple years. But under Biden, incomes have now dropped 4% because inflation is so painfully high.
So when Trump was in charge, he created an environment that helped companies maximize hiring, wages, profits and stock prices. The economy was strong and predictable. But with Biden, businesses face way more uncertainty and threats. For investors hoping to grow their money, Trump is clearly the better option in 2024.
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There's a Bigly Light at the End of the Tunnel
It's easy to get discouraged when looking at the current economy and political climate. Inflation is squeezing family budgets. Stocks are shaky. The future seems uncertain. But for Americans focused on growing their investments, protecting their livelihoods, and promoting free enterprise, there is hope on the horizon.
By sticking to our principles of fiscal discipline, less regulation, and pro-business policies, we can get this country back on track. Though the road ahead is long, if we hold true to our vision, the pendulum will swing back.
Our economy and institutions are resilient. Americans are hardworking and optimistic. With perseverance and wisdom, better days lie ahead. The sun will come out tomorrow.
To the future of our America,
James Reagan