In the wake of President-elect Donald Trump's Nov. 5th victory, the stock and bond markets have had decidedly different reactions to the news.
Initially, the stock market surged, while bonds sold off and drove interest rates higher.
The bond market, along with other inflation indicators, have shown some concern about the notion that tax cuts pay for themselves.
There have also been worries that the Trump tax cuts, if extended, would add considerably to annual deficits and the sum of the national debt.
The stock market is viewed more favorably by many, as was Zeus in "Clash of the Titans."
Persons:
Donald Trump's, Biden, Trump, Elon Musk, Vivek Ramaswamy, Ramaswamy, Ron Insana
Organizations:
Nasdaq, Trump, of Government, Social Security, Congressional, Office, CNBC
Locations:
U.S, Trump's, China