Stocks rallied hard after the election but the bond market reaction suggests further gains on the equity side of the Trump Trade could be difficult.
Wealth management and brokerage firms, including Charles Schwab, Robinhood, and Morgan Stanley, experienced a surge in stock prices on Wednesday.
President-elect Donald Trump has sent mixed signals for years on whether he would aim to fire Jerome Powell when he re-enters the Oval Office.
Tesla CEO Elon Musk’s embrace of President-elect Donald Trump is paying off for Tesla shareholders - with stock jumping nearly 15% on Wednesday.