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A Study on Post 2024 US-Election

  • Writer: Nickolas Yong
    Nickolas Yong
  • Nov 18, 2024
  • 3 min read


The 2024 U.S. election has significantly impacted the political and economic landscape. As discussions arise regarding the current state of the U.S. economy, investors are closely monitoring how various sectors are reacting. Early voting results and new policies are setting the stage for economic predictions moving forward.


In this blog post, we will analyze the current state of the U.S. economy after the 2024 election and revisit the stock impacts from the early 2024 days of Donald Trump's presidency. Recognizing these shifts can provide crucial insights for future investments and economic trends.


The Current State of the U.S. Economy

Currently, the U.S. economy is undergoing a complex transition. Inflation rates have stabilized at around 3.2%, a marked improvement from the peaks seen in previous years. The Gross Domestic Product (GDP) is projected to have a growth rate of approximately 2.5% for the next fiscal year, signaling recovery from the pandemic's economic disruption. The Federal Reserve's careful adjustments to interest rates have played a vital role in achieving this stability, attempting to balance inflation control with the need for economic growth.

Consumer confidence has also seen an uptick, with recent surveys indicating a 10% increase in positive sentiment driven by improved job markets and wage growth. However, trepidations about potential recessions persist, influenced by both global economic tensions and changes in domestic policy. Therefore, understanding consumer sentiment and spending habits is paramount for forecasting future economic trends.

Stock Market Reactions Post-Election

Key Stocks Affected Early in Trump's Presidency

Inflation Concerns and Their Impacts

The Early Weeks of Trump's Second Administration (2024)

Sectors to Watch Moving Forward



 
 
 

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