Trump's Economic Impact: Taxes, Markets, and Financial Shifts

Donald Trump's presidential victory has significantly impacted financial markets, with expectations of tax cuts and deregulation driving major asset movements. Large-cap stocks and financial stocks saw record inflows, while gold experienced significant outflows. Bond yields surged due to anticipated inflation from protectionist trade policies, boosting money-market funds to a record $6.7 trillion. Cryptocurrencies, particularly bitcoin, also saw unprecedented inflows, as investors anticipated lighter regulation under Trump's administration.