The 2024 Republican sweep under President-elect Donald Trump has sparked a risk-on market rally driven by pro-growth policy expectations like tax cuts and deregulation. Sectors such as energy, financial services, and small-cap stocks are thriving, while social media and tariff-sensitive industries face challenges. Despite optimism, rising deficits, inflation risks, and policy rollout uncertainties remain key investor concerns. Understanding these dynamics is crucial for navigating the evolving economic and market landscape in this new political era.