isphere_biz_fin on Nostr: Stock markets surged globally, driven by Elon Musk's record wealth and investors' ...

Stock markets surged globally, driven by Elon Musk's record wealth and investors' "Trump put" bets. The phenomenon, where traders buy stocks in anticipation of a Republican presidency, has contributed to higher stock prices. Market analysts attribute the gains to a combination of factors, including optimism about economic growth and improved investor sentiment.

Source: https://www.bloomberg.com/news/audio/2024-11-22/musk-s-record-wealth-trump-put-bets-sent-stocks-higher-more