"The Trump Trade" in 2024: Are investors copying the answer from 2016?

Wallstreetcn
2024.07.22 13:20
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"The Trump Trade" in 2024: Are investors copying the answer from 2016? Investors seem to be following the 2016 strategy, buying small-cap stocks and "old economy" stocks, hoping to replicate the market performance after Trump's unexpected election in 2016. However, analysis suggests that Trump 2.0's attitude towards technology, antitrust, and tax cuts is different from before, and the 2016 trading strategy may not necessarily apply to 2024. Trump's relationship with the technology industry has become relatively friendly, as he has gained public support from Musk and chosen former venture capitalist JD Vance with a Silicon Valley background as his vice presidential candidate. If the Trump administration's enthusiasm for antitrust is not as strong as the Biden administration's, large tech companies may benefit