The Winning Has Already Begun

Under normal circumstances, it typically takes a year or two for a president to affect the economy or international events. However, with Donald Trump’s election less than two months away, noticeable changes are already occurring. Consumer confidence is rising, manufacturers are optimistic, and investors are more hopeful. Canada plans to enhance its border controls, and Ukraine is considering ending its long-standing conflict. There's also a ceasefire in the Middle East, and Trump's favorability rating has surpassed 50% for the first time.

The RealClearMarkets/TIPP Economic Optimism Index soared by 13. 4% in November to 53. 2, the highest score in over three years, indicating a positive outlook. The Conference Board’s Consumer Confidence Index also increased in November, reaching a high that reflects the best range of the past two years, with fewer consumers expecting a recession in the upcoming year.

Manufacturers in the U. S. are feeling more positive, with reports suggesting a significant boost in their mood due to expectations of stronger economic growth. Investors have reacted favorably as well, as the Dow Jones Industrial Average, NASDAQ, and S&P 500 have all shown significant gains since November 4, attributed to anticipated tax cuts and deregulation.

This optimism could lead to increased risk-taking and spending, which in turn could boost real economic growth. On the international front, Trump's anticipated presidency is prompting actions from foreign leaders. Canadian Prime Minister Justin Trudeau has agreed to increase border surveillance. In Ukraine, President Zelensky shows willingness to give up territory in exchange for NATO protection, reversing his earlier positions amid the ongoing conflict that has cost the U. S. taxpayer significantly.

In the Middle East, Trump has warned of severe consequences for Hamas if they do not release hostages before he takes office, which might be influencing negotiation dynamics. Recent reports indicate a ceasefire agreement between Israel and Hezbollah, with Trump being credited for these developments.

While these events could merely be coincidental, they are perceived as indicators of a positive shift from the previous administration’s policies. The longevity of these favorable changes remains uncertain, but they represent hope for the first time in several years.

https://issuesinsights.com/2024/12/04/the-winning-has-already-begun/