Trump's election victory boosts US bank stocks, with Wall Street expecting relaxed regulations.
Within the largest banks in the usa, people's emotions range from cautious optimism to excitement because they see the prospect of relief from regulatory institutions during the Biden era.
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Is Trump's victory equivalent to the banks on Wall Street winning? The five major banks have repeatedly hit new highs this year, and financial stocks are expected to continue the 'victory trade'.
Investors will hope for Trump to weaken financial regulations. Analysts point out that Trump's victory will bring the biggest change to federal financial regulatory institutions in US history.
Reviewing the Trump market: which stocks will shine again in 2024?
As President Trump is set to be re-elected as the President of the usa in January next year, investors can't help but look back at the market performance when Trump was first elected in 2016, seeking investment opportunities.
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KEYCORP PRESENTATION AT THE BANCANALYSTS ASSOCIATION OF BOSTON CONFERENCE CANCELED