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How to invest during the Trump presidency

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NEW YORK, NEW YORK - DECEMBER 18: A picture of Donald Trump is displayed as traders work on the New York Stock Exchange (NYSE) floor on December 18, 2024 in New York City. The Dow was up almost 200 points in morning trading before the Federal Reserve holds its meeting today on interest rates. Spencer Platt/Getty Images/AFP (Photo by SPENCER PLATT / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

The new US administration is presenting investors with outsize rewards and monumental risks right from the start.

PHOTO: AFP

Jeff Sommer

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“The chief business of the American people is business.” That declaration by Calvin Coolidge has been shortened and simplified since that US Republican president uttered it before an assembly of newspaper editors a century ago.

But the notion that the business of America is business was on conspicuous display at

President Donald Trump’s inauguration.

It may be the chief reason for heightened optimism about the stock and bond markets.

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