File - This Thursday, Oct. 2, 2014, file photo shows the Wall Street entrance of the New York Stock Exchange. (AP Photo/Richard Drew)
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Stocks have screamed to records since Election Day because investors are expecting Donald Trump's White House to cut taxes for business, make regulations easier for them and goose more growth out of the economy. But investors around the world are questioning whether the rally is exhausting itself.The big jump for stocks has come at a time when some investors had already seen markets as overpriced. That has some favoring bonds or stocks from other countries over the U.S. stock market.After all, stocks, for most investors such as pension funds, are meant to be long-term investments, to be held longer than a news cycle or even a four-year White House term.GMO's Inker continues to prefer stocks from developing economies over U.S. stocks because they look less expensive.For now, the prevailing assumption in markets is that Trump will eventually be able to push through lower corporate tax cuts, ease regulations on business and approve some increased infrastructure spending. In the meantime, the economy continues to strengthen and corporate profits are swinging higher, which should offer support for stocks. That has investors feeling confident enough to plow more money into U.S. stocks.
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