According to Wharton's Jeremy Siegel, Trump is the most pro-stock market president in history.

According to finance professor Jeremy Siegel of the Wharton School of the University of Pennsylvania, President-elect Donald Trump's pro-business policies could give the stock market a larger boost than any previous administration.

"According to Siegel, President-elect Trump is the most pro-stock market president we have had in our history. He measured his success in his first term by the performance of the stock market. It seems unlikely that he will implement policies that will harm the stock market."

Investors are confident that Trump's election promises will lead to growth and benefit risk assets, causing the market to reach new heights.

Last week, the S&P 500 experienced a 4.66% increase, marking its best week since November 2023, and surpassed 6,000 for the first time ever. Additionally, the Dow Jones Industrial Average reached a new milestone of 44,000 following the election.

During the week, investments experienced significant growth under a Trump presidency, making them the biggest beneficiaries.

Tesla, whose CEO Elon Musk is a prominent supporter of Trump, experienced a 29% increase in shares, reaching a $1 trillion market cap once again. Additionally, banks such as JPMorgan Chase and Wells Fargo also experienced significant gains. Furthermore, Bitcoin continued to break records as traders anticipate looser regulations under the Trump administration.

Trump's corporate tax cuts from his first term in 2017 are likely to be prolonged, according to Siegel's belief.

Siegel stated that the extension of the 2017 tax cuts appears to be a slam dunk, but expanding to all other tax cuts will be challenging.

The president-elect's trade policy, which involves imposing high tariffs on trading partners, could negatively impact economic growth and exacerbate inflationary pressures, as the Federal Reserve has been raising interest rates for over two years to control rising prices.