The Dow Jones, NASDAQ and S&P 500 all added to their record closes from last Friday, setting new all-time highs. Bitcoin, which was in the $37,000 range one year ago, is now above $87,000 today, 235% gain and this is even before President-elect Trump is sworn in. With so much financial exuberance around the election, what could go wrong?The stock markets have increased, setting new highs, since President-elect Trump won the election.
RELATED: Why California gas prices could get even more expensiveNew harsh tariffs on foreign goods can refuel inflation making the price of many goods higher. That could slow or stop interest rate decreases, possibly raising them again. U.S. tariffs could be met with counter-tariffs from China, greater Asia, Europe, Mexico, and others. "You could get a recession pretty quickly if the tariffs became real and the mass deportations become real.