08 Nov 2024
8m

Stocks jump, the temperamental peso, and other election aftermath indicators

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The Indicator from Planet Money

In this episode of Planet Money Indicator, the hosts explore the economic impact of a recent election. The S&P 500 experienced its biggest post-election surge ever, jumping 2.5% as investors anticipated deregulation from the new administration. Meanwhile, the Mexican peso briefly dipped against the dollar, affecting trade between the US and Mexico. The episode also covers voter-approved minimum wage hikes in Alaska and Missouri, which are set to reach $15 an hour by 2026-2027, while a similar proposal in California was still undecided at the time of recording.

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