On Tuesday, Trump officially announced the launch of the 'Trump Account' plan. This plan automatically opens a private investment trust account tracking the S&P 500 index for every newborn in America, with the federal government injecting a one-time seed fund of $1,000. Parents, employers, and philanthropists can make after-tax or tax-exempt additional contributions, and the child can freely use the funds after turning 18 for education, buying a house, starting a business, etc. The plan will be fully launched on July 4, 2026, just before the 250th anniversary of America.
So how to say this 'Trump Account' plan? On the surface and in essence, it is about giving money to American newborns, which can easily gain the support of American voters. However, the essence is that it directs financial support to the U.S. stock market. This money is deposited after the American newborn is born, but can only be withdrawn after 18 years, which effectively locks it up for a minimum of 18 years. To withdraw it will also be a matter after 18 years, so during these 18 years, it is essentially a pure buy-in, and once bought, it is completely locked, which is no different from canceling stocks. As for selling 18 years later, that will be a matter for after 18 years - a full 18 years. There is no doubt that this plan is extremely creative and will definitely provide strong support to the U.S. stock market. So even if it starts in July next year, U.S. stocks this week have shown a broad increase.
This week's overall trend is similar to what was previously expected, with no major fluctuations, mainly oscillating and slightly rising. Next week, it is highly likely to continue this trend. As always: control your positions and look for familiar coins to trade in short waves.