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Discussion » Questions » Finance » If Trump was so great for the securities markets, how come they soared today with Biden taking over?

If Trump was so great for the securities markets, how come they soared today with Biden taking over?

Posted - January 20

Responses


  • 35939
    That is historically normal on Inauguration Day.
      January 20, 2021 7:51 PM MST
    2

  • 25711
    Because the news hyped up there was going to be violence today. And when there was not the market reacted positively. 

    Twitter however is down about 20% since banning Trump.
      January 20, 2021 7:58 PM MST
    2

  • 2183
    :)
      January 20, 2021 8:05 PM MST
    2

  • 14380
    Element is right.  Also, the market must feel less uncertain about the foreseeable future.  Of course, for the market, the foreseeable future could be very short.  
      January 21, 2021 9:56 AM MST
    0