Source: The American Prospect
by David Dayen
“There’s even a name for what investors have been doing since Donald Trump’s election victory on Tuesday: the Trump Trade. But most of the surge in the major indices took place at the opening bell on Wednesday; since then, gains have been modest. You have to dig into the numbers to see who really benefits from a Trump election. With an expected corporate tax cut that goes even deeper than the current 21 percent, everyone will be a winner at some level. There will be some relative losers too: clean-energy companies, for example, and maybe the auto industry if loosened mandates on electric vehicles domestically make them globally uncompetitive.” [editor’s note: As if the Biden regime was any less corrupt – TLK] (11/08/24)
https://prospect.org/power/2024-11-08-triumphant-return-of-corruption/