78GEOPOLITICS
⚡ Markets: If perceived as credible, this would be highly inflationary and increase the US budget deficit, putting upward pressure on bond yields. Could provide a short-term boost to consumer discretionary stocks but would be negative for the dollar and bonds long-term.US 10Y TreasuryUSDS&P 500XLY
US President Donald Trump pledged to give every American adult a $5,000 "dividend" if the Republican party retains control of Congress in the November midterms. The proposal, estimated to cost over $1 trillion, was met with widespread skepticism over its economic feasibility and legality.
West MSM 9West Right 2Google Non-West 6Google West 2West Left 3Regional 8Non-West State 218 countries
32 sources across the spectrum