The stock market is experiencing significant movements as expectations grow for a potential second term for former President Donald Trump. Investors are increasingly engaging in the 'Trump trade,' characterized by a shift from growth to value stocks, and from megacaps to small-caps. This shift is driven by the anticipation of deregulation and interest rate cuts promised by Trump, which are seen as beneficial to smaller domestic companies. The Dow Jones has surged, and small-cap stocks have seen a notable rise. Analysts like Jim Cramer have noted that some investors missed out on gains due to this rally, which was also encouraged by last week’s consumer price index report. Asian traders are also ramping up their activities in response to these developments.