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Comparing the 2016 and 2024 Trump Trades

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Growth sectors dominated during Trump's first term, but the immediate market response to his election-night surprise victory was a rotation into cyclical Value sectors. Leadership trends since the June 27 debate have also favored cyclical Value sectors. We have Financials on watch for an upgrade.

Ned Davis Research | Equities | U.S. Sector & Industry Focus | Weekly

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