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The post-election stock market rally sparked by Donald Trump's victory has begun to lose momentum. Huntington Private Bank director of wealth strategy Dan Griffith joined Market Domination Overtime to analyze the key factors driving this shift.
Griffith highlights that investors are primarily concerned about the evolving tax landscape. Griffith explains there will be "a different tax picture" in the future, noting that these changes particularly impact small and mid-market business owners.
With the current tax cuts set to expire in 2026 and Republicans gaining control of both the House and Senate, Griffith expects most of these tax benefits to "go away." However, he states: "The real question is.... with the deficit still out there and the budget rules still in place, which ones are gonna be picked?"
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
This post was written by Angel Smith