US shares hit document highs on Wall Avenue and the dollar posted its worthwhile fill in eight years as Donald Trump was re-elected to the White Home in a historic take hold of.
Bitcoin has also hit an all-time high, following Trump’s election promise to prioritise the volatile crypto forex.
Traders are, nonetheless, making a bet that Trump’s procedure to carve taxes and elevate tariffs will push up inflation and within the bargain of the tempo of hobby price cuts.
Higher rates for longer indicate merchants will derive better returns on savings and investments they preserve in greenbacks.
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