Why slow and steady works in the stock market
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Big changes are coming in the next Trump administration. But your investing plans needn’t change, the New York Times columnist says.
ILLUSTRATION: NYTIMES
Jeff Sommer
The US stock market is booming. Since Donald Trump won the presidency once again, traders have been happily driving share prices up.
Stocks have reached new highs, the dollar is strengthening and bond yields have moved up in the expectation that Trump’s victory will mean not only accelerated economic growth but also, quite possibly, another surge in inflation.
