Mr. Richter: Investment in the energy transition sector is insufficient.

Initially, the market was believed to have already priced in a Trump victory, but market valuations have risen significantly. While there are concerns about how far the market can rise, there is an optimistic outlook based on Republican control and economic benefits, especially in the energy sector. There is growing anticipation in areas such as energy transition and infrastructure as U.S. oil and gas production has substantially increased. Philip Richter, President and Co-Founder of Holow Brook Wealth Management, discussed with Matt Miller on Bloomberg Markets about the insufficient investment in the energy sector's transition by the market, and how recent political instability has become a challenge for companies.