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Buoyed by Trump's election victory, optimism among the usa business community has reached a multi-year high.
Since Trump won the usa presidential election, multiple surveys have shown that American businesses are becoming more optimistic about their prospects. They expect the Trump administration to implement more pro-business policies and reduce regulatory burdens.
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Trump's victory, hedge funds made a killing in November, with one fund doubling in a month. The performance of the 'new king of hedge funds' continues to shine.
The "Trump trade" is expected to drive the entire hedge fund industry to achieve its best performance in at least four years. The tactical trading fund of Citadel, dubbed the new king of hedge funds, has seen its annual return rise to 20% this year, while Rob Citrone's Discovery Capital Management macro hedge fund grew by 14.5% in November, boosting its annual return to 46.5%.
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