![Days After Attack on Donald, ‘Trump Trade’ Stocks Push Stock Market to New Heights](https://thepatriotjournal.com/wp-content/uploads/2024/07/trump-fist-ear-768x403.png)
Plenty of pundits have already discussed the fallout of the attempted Trump assassination. It is almost certainly going to have an impact on the upcoming election. Betting sights swung in the minutes following the attack. But we’ve yet to see any polls gauging voters’ reaction to the shooting.
But there was one response that some people are noting. Word quickly spread around the world that the former president survived an attempt on his life.
Over the weekend, the media gave details as events unfolded. We knew right away Trump was safe. However, after he released several statements and gave an interview, we got a picture that the Republican is determined to continue his campaign. And when Monday rolled around, the stock markets responded.
From Breitbart:
Investors pushed U.S. stocks higher on Monday as markets gauged the aftermath of this weekend’s shocking assassination attempt on Donald Trump…The Dow Jones Industrial Average rose by more than 180 points, around half a percentage point, to hit a new record high…
Many investors are focused on the so-called “Trump trade,” assessing which stocks and assets will do better if Trump wins back the presidency in November. Analysts on Wall Street believe the odds are rising that Republicans will not only take the White House but also the Senate, which retaining control of the House, for a GOP sweep.
Stock prices surged on the Monday following the attempt on Donald Trump’s life. The Dow Jones hit a new record high. The S&P 500 reached nearly a new record. This was no coincidence. Investors were relieved to learn that Trump was alive. And that encouraged them to invest aggressively at the start of the week.
Why would they do that? Because it seems investors believe that this event secured Trump’s November victory. They are encouraged that Trump is alive and are convinced that he is going to win back the White House. Because of this, they are investing in businesses they believe will thrive under a second Trump administration.
Analysts believe that Trump will not only win but also that his party will retake the Senate and keep the House.
Many Americans might be thinking the same thing as well. The failed Trump assassination has all but ended discussions about replacing Joe Biden. Why? Because not a single Democrat is crazy enough to run against Trump now. We might see the entire party give up the race after this, crushed that Trump and the GOP will see a flood of support.
A gunman tried to destroy democracy with a single bullet. Voters will be convinced that the forces of evil are trying to stop Trump from becoming president. So, that will only encourage more Americans to make sure he wins.
Key Takeaways:
- The stock market surged the Monday after Trump survived an assassination attempt.
- Investors appear to be confident Trump and the GOP will win in November.
- It appears Democrats have ended their bid to replace Joe Biden, convinced nobody will be able to beat Trump.
Source: Breitbart