FOX Business' Stuart Varney discussed President-elect Donald Trump's crushing victory over VP Kamala Harris to become the 47th President of the United States.
During his "My Take," Wednesday, "Varney & Co." host Stuart Varney argued that President-elect Trump's return to the White House is a boon for investors who can look forward to tax cuts, deregulation, and the end of bureaucrats pushing around everyday Americans.
The other big story of the day is the money. Trump's win has set off a huge Wall Street rally. 160 million Americans have a piece of the stock market's action. TRUMP'S PROJECTED WHITE HOUSE WIN SENDS DOW FUTURES UP 1,000 POINTS Even if they are Democrats, they should be happy. Trump won the White House and the GOP won the Senate. Think about what that means for investors. No tax hikes. Instead, Trump's tax cuts will stay in place.
No more restraints on energy production. That's why the drillers are looking good. One last point that has nothing to do with money, but will drive Democrats crazy. With the GOP controlling the Senate, Trump will be able to appoint more Supreme Court justices. But I digress. Trump supporters are celebrating a spectacular political win. Investors are celebrating the Trump rally.
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