Trump's Comeback Could Provide a Boost for U.S. Stocks

Forex - John Plassard from Mirabaud Group stated that Trump's return to the presidency promises support for U.S. markets, but this will come at the cost of tensions in monetary policy, strained geopolitical stability, and a record budget deficit. According to Plassard, the "America First" policies will revitalize the energy, defense, and manufacturing sectors, increasing domestic investments. "However, this protectionist approach could lead to higher inflation, and tariffs may raise production costs. The federal deficit could grow further due to tax cuts, and geopolitical tensions are likely to increase," Plassard noted, emphasizing that two companies to closely monitor when U.S. markets open are Trump Media & Technology Group and Tesla, the latter of which may benefit from contracts with the new government under Trump's administration.