Donald Trump’s return to the White House could upend some industries and the economy. But stocks and other assets are soaring on hopes that a new, business-friendly era beckons.

Donald Trump greets jubilant supporters.Doug Mills/The New York TimesWhat now?

In the end, it wasn’t all that close. Donald Trump has reclaimed the presidency, besting Vice President Kamala Harris in what has been one of the most expensive elections in U.S. history.

“America has given us an unprecedented and powerful mandate,” Trump told jubilant supporters this morning at his campaign headquarters at Mar-a-Lago. Indeed, the strength of Trump’s victory — he made inroads into most major voter demographics, and helped Republicans retake the Senate — has drastic implications for the American economy and the corporate world at home and abroad.

Stocks and other asset classes, including crypto, are surging on the

Keep reading this article on Andrew Ross Sorkin – Author New York Times.

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