The ripple effects of President-elect Donald Trump’s win are already being felt throughout the U.S. economy as, experts say his policies could have mixed results. “This will truly be the golden age of America,” Trump said in his victory speech early Wednesday morning. The U.S. stock market rallied after Trump’s re-election. Investors are making bets on what his return to the White House could mean for the economy. “There are two aspects to the recent rally on Wall Street. One is the quick resolution of the presidential election and, secondly, investors like the prospect of reduced regulation which may help corporate profits,” said Mark Hamrick, a senior economic analyst for Bankrate.com.But Hamrick said those benefits will likely be uneven.Some industries are already bracing for Trump’s sweeping plan to raise tariffs on imports, which he says will encourage more domestic production. “My message is simple: make your product in America and …
President-elect Trump’s win is already impacting the economy [Video]
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