Trump wants every American to become a stock market investor

Trump rang the opening bell at the New York Stock Exchange today, but the bigger story was what he was selling.

His administration is pushing government seeded investment accounts that start with a $1,000 contribution, hoping to get more Americans invested in the stock market.

Michael Dell also pledged $6.25 billion toward the initiative.

It is an interesting strategy.

The more people own stocks, the more they care about what the market does.

That naturally ties public sentiment closer to market performance.

The challenge is timing.

Inflation is still running at 4.2 percent over the past year, so many families are worried more about paying bills than opening investment accounts.

The idea could create a new generation of investors.

It also gives Trump another reason to point to the stock market as proof his economic policies are working.

If markets keep climbing, the plan looks smart.

If they don’t, millions more Americans suddenly have a front row seat to every market correction.

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