During the reign of Donald Trump as president of the United States (US) before Joe Biden, the term 'Trump Trade' appeared which was popular among investors and entrepreneurs.
The term 'Trump Trade' is hot again right now because of the election that will be held in September.
Trump trade refers to the reaction of investors that can be seen from the market affected by the actions and policies introduced by Donald Trump.
Donald Trump, who has become the 45th president of the United States, is very popular with business people because of his government's policies that give advantages to business people such as tax cuts.
During Trump's administration, the performance of the stock market has recorded high gains driven by the economic policies introduced by his administration that are heavily in favor of business activity.
Because of that aspect, most investors expect tax cuts and increased fiscal spending to happen if Donald Trump wins the election again.
This situation is expected to make a significant increase in shares in the energy, industrial and financial sectors.
Major indices could also be seen rising with the Dow Jones and the S&P 500 posting big gains.
For example the NASDAQ and S&P 500 indexes showed strong performance, reflecting positive corporate earnings and economic indicators.
Stocks linked to Trump also gained attention after seeing a rise in the wake of the attempted assassination of him at a recent campaign event.
The 'Trump Trade' sentiment that affects the attitude of investors is likely to have an impact on the current movement of the market.
