President Donald Trump's Proposed $5,000 "Trump Dividend" Could Epically Backfire for 2 Key Reasons
History shows that Trump’s proposed payout would hinder, not help, the U.S. economy and stock market.
Overview
Midterm elections are officially less than one month away. On Nov. 3, Americans from across our great country will head to the polls or mail in their ballots to determine the makeup of Congress over the next two years.
While not every decision made by Congress has a bearing on Wall Street, the fiscal policy enacted by our elected officials does affect corporate America and, in turn, the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC).
Image source: Official White House Photo by Joyce N. Boghosian, courtesy of the National Archives.
Details
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Originally published at www.fool.com.
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