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General Motors(GM.US) Officer Sells US$6.75 Million in Common Stock
$General Motors(GM.US)$ Officer Reuss Mark L sold 122.28K shares of common stock on Nov 6, 2024 at an average price of $55.16 for a total value of $6.75 million.Source: Announcement What is
Tesla Crosses the $1T Market Cap Level and Is Valued More Than the Next Ten Biggest Auto Stocks Combined
"Trump trade" fizzled out, what is the market worried about?
The market is concerned that if Trump really fulfills his campaign promises, especially on tariff policy, the usa may see larger deficits and soaring inflation, immigrant workers being deported, which could lead to a significant decline in economic growth.
GM Reallocates Resources To Focus On EVs: Cadillac XT4 Production To Halt In January After Sales Dropped 12% In 9 Months
Market doubts policy difficult to implement, traders' enthusiasm for the "Trump trade" cools down.
After initially rushing into the 'Trump trade', some investors in certain asset classes are gradually lowering their enthusiasm, as they question whether Trump will pursue his ambitious tariff proposals as the President of the USA.
Schroder Investment: How will Trump's victory affect the global economy and stock market?
He promised further tax cuts and regulatory easing, while imposing additional tariffs and tightening immigration policies, this series of policies will have a re-inflationary effect on the economy of the usa.
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