Trump cannot ignore the market - and here’s why

The share of equities in U.S. household net worth has reached a record high. It is now above the peak of the dot-com bubble and even the extremes of past decades.

Why it matters:
▪️ The more households are tied to rising markets, the more painful any correction becomes.
▪️ A drop in stocks can quickly hit consumer spending.
▪️ And consumption accounts for 69% of U.S. GDP.

If the “orange swan” does not plan to crash the fall elections, fall out with his own party, and leave the White House early via impeachment, he needs to keep the stock market afloat.

It is impossible to predict the actions of the 47th U.S. president, but it is clearly in his interest to end any bear trends before autumn.