Trump, nuclear power
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Trump, tax and Stocks
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The moniker originated from a social media post by President Donald Trump promoting "one big beautiful bill" to include all of his domestic policies. Congressional legislation often creates big winners,
Major U.S. stock indexes and the dollar weakened following President Trump's proposed tariffs on EU imports and Apple iPhones. The dollar hit a three-week low, and bond markets saw safe-haven buying amid market anxiety.
Reuters has reported that President Trump is planning to sign an executive order to speed up the permitting and construction of nuclear energy power plants in the U.S. as early as today. The market didn't ask questions and simply bid up nuclear stocks today.
Explore how the US fiscal deficit and proposed austerity measures may lead to a 2025 recession, impacting GDP and triggering significant stock market volatility.
As "One Big Beautiful Bill Act" is expected to reduce taxes, experts argue whether it will cater to the value or growth stocks in the U.S.