True Pundit

Business Politics

Market to extend rally as investors realize strength of totally Republican-led government

Fundstrat’s bullish strategist Tom Lee told investors the market will go higher as it prices in the positive policy implications of the Republican sweep.

“Trump victory [is] a surprise but path forward not all negative. … Clinton had been the favored ‘horse’ in this election cycle for investors, so it is natural for markets to see Trump’s win as a ‘shock,'” Lee wrote in a note Wednesday. – READ MORE