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Despite an initial plunge of 800 points in Dow Jones futures trading the night after polls closed following the Nov. 8 election, the markets began rising the next morning with the prospect he and a Republican-led Congress would adopt fiscal stimulus, tax cuts and reduced regulations.
“The pure heart of capitalism took over and stocks traded higher out of the gate,” said Bryan Perry, editor of the Cash Machine investment newsletter. “Money has a way of cutting through the chase and moving quickly where it will be best served.”
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