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5 charts showing Trump's immense postelection market impact

Jennifer Sor

Fri, Nov 15, 2024, 7:10 PM2 min read

Trump

Getty Images; BI
  • Donald Trump's presidential-election victory has fueled major moves in financial markets.

  • Investors are anticipating tax cuts and looser regulation from Trump.

  • Here are five charts that show how Trump's win has affected markets.

Donald Trump's election victory immediately sent financial markets into a frenzy.

Stocks soared to records on the prospect of tax cuts and looser regulation. Bank stocks, in particular, got a lift amid speculation of increased deal activity.

Bond yields also surged as investors priced in the expectation that Trump's protectionist trade policies would be inflationary, which complicates plans for further rate cuts. This led to renewed interest in money-market funds. The dollar rose and gold dipped.

Cryptocurrencies of all sorts charged higher, with bitcoin setting a series of records above $90,000 as traders looked ahead to lighter regulation from the self-appointed "crypto president."

A group of Bank of America analysts led by Michael Hartnett, the chief investment strategist of BofA Global Research, took stock of the recent moves.

Below are five charts that show just how extreme market fluctuations have been across assets:

Chart showing inflow into large cap US stocks

Large-cap US stocks took in $44.1 billion last week, its largest week of inflows on record.Bank of America Global Investment Strategy, EPFR

Chart showing inflows to financial funds

Financial funds took in $2.6 billion, the largest week of inflows since January 2022.Bank of America Global Investment Strategy, EPFR

Chart showing outflow from gold

Gold saw $1.6 billion in outflows, the steepest pace of weekly selling since July 2022.Bank of America Global Investment Strategy, EPFR

Graph showing money market funds

Assets in money-market funds rose to a record $6.7 trillion.Bank of America Global Investment Strategy, Bloomberg

Chart showing crypto fund flows

Crypto funds took in $6 billion last week, the largest week of inflows on record.Bank of America Global Investment Strategy, EPFR

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