Dan Clifton of Strategas says there’s one main reason the U.S. stock market rallied after this month’s presidential election, and it wasn’t necessarily because of the outcome. “What we saw was that the market was pricing in the outcome of the election 50-50. [Investors] “We didn’t know who was going to win,” Clifton, the firm’s head of Washington policy research, told CNBC’s Dominic Chu in this special ProTalk discussion open to all readers. One side lost, but the market was concerned, and given the close nature of the race, we won’t know who wins for a week or two. [President-elect Donald Trump] (Pro subscribers can watch the full interview here.) In this free segment of the latest CNBC Pro Talk, Clifton talks about: This is the “most investable election of our lifetimes” Why he thinks the market, economic, and geopolitical landscape could change in a second Trump administration and the potential for government gridlock, even after Republicans gain narrow majorities in both houses of Congress. , and how it affects stocks CNBC Subscribe to Pro’s exclusive subscription to insights and analysis, and live business day programs from around the world.
