XPost: alt.politics.republicans, alt.fan.rush-limbaugh, talk.politics.guns   
   XPost: sac.politics   
   From: chrisstone@florida-sun.com   
      
   As Donald Trump emerged victorious in the presidential election   
   Wednesday, stock prices soared.   
      
   As the stock market rose, the bond market fell.   
      
   Stocks roared to record highs Wednesday in the wake of news of Trump’s   
   triumph, signaling an end to the uncertainty of the election cycle and,   
   perhaps, a vote of confidence in his plans for the national economy,   
   some economists said.   
      
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   On the same day, the yield on 10-year Treasury bonds rose to 4.479%, a   
   four-month high. A higher bond yield means a declining bond market: Bond   
   prices fall as yields rise.   
      
   While stock traders rejoiced, bond traders voiced unease with Trump’s   
   fiscal plans.   
      
   Trump campaigned on a promise to keep taxes low. He also proposed   
   sweeping tariffs on imported goods.   
      
   Economists predict a widening deficit in Trump presidency   
   Economists warn that Trump’s plans to preserve and extend tax cuts will   
   widen the federal budget deficit, which stands at $1.8 trillion.   
   Tariffs, meanwhile, could reignite inflation, which the Federal Reserve   
   has battled to cool.   
      
   https://www.msn.com/en-us/money/markets/stocks-soared-on-news-of   
   trump-s-election-bonds-sank-here-s-why/ar-AA1tMygE   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)