Baby's first stock portfolio: Trump marks 'Trump Accounts' launch with historic bell-ringing



For the first time ever, the New York Stock Exchange and Nasdaq have jointly rung their bells from the White House.

President Trump rang the opening bells of both exchanges from the Oval Office on Monday, marking the official launch of Trump Accounts for children.

'Children, at the age of 18 and after, become very wealthy people, come into the world with essentially no money and end up, at a pretty young age, being very rich.'

The accounts, created under the One Big Beautiful Bill Act, became available for contributions starting July 4 and are open to children who won't turn 18 by year's end.

Every eligible child gets a one-time $1,000 seed contribution from the federal government, and family or employers can add more, up to annual limits. The money is invested — by default in an S&P 500 ETF, with more options coming — and grows, tax-advantaged, until the child turns 18. Parents can enroll for free at TrumpAccounts.gov.

Attendees included Treasury Secretary Scott Bessent, Sen. Ted Cruz (R-Texas), Michael Dell of Dell Technologies and his wife, and NYSE President Lynn Martin, along with executives from Nasdaq and other major firms. Michael and Susan Dell pledged a $6.25 billion commitment — $250 each to the first 25 million qualifying children signed up for Trump Accounts.

At the event, Trump urged attendees to "go out and buy a Dell computer" — and Dell stock jumped more than 7% following his remarks.

RELATED: Last summer's teen hiring market was the worst on record. Alarming report shows it's about to get even worse — here's why.

Shawn Thew/EPA/Bloomberg/Getty Images

Numerous companies including Goldman Sachs, BlackRock, JPMorgan Chase, and Robinhood also pledged to match the government's initial contribution for employees' children's accounts, while SpaceX President Gwynne Shotwell said she would give company stock to Trump Accounts for more than 2 million children nationwide.

Trump touted the accounts as a way for children to "become very wealthy people ... come into the world with essentially no money and end up, at a pretty young age, being very rich" by adulthood, adding that between individual contributions and seed funding, roughly $800 million in new capital would flow into the stock market for children this week alone.

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Markets respond favorably to Trump's ceasefire announcement, relieving some economic pressure



With the whole world holding its breath amid the ongoing conflict in the Middle East over the past several weeks, President Trump's ceasefire with Iran has restored some confidence to the markets — though some uncertainty remains.

Oil prices dropped and stocks surged after Trump's announcement on Tuesday evening that a ceasefire had been reached with Iran.

Oil prices also plummeted as the Strait of Hormuz has been projected to be opened.

The Dow Jones Industrial Average rose over 1,300 points since the close of market on Tuesday following the announcement of the ceasefire.

Likewise, the S&P 500 saw a 2.5% jump from Tuesday to Wednesday in response to the news, moving from just over 6,600 to 6,785 when markets opened on Wednesday.

RELATED: Iran reneges on key point of ceasefire amid allegations of broken promises

Punit PARANJPE/AFP/Getty Images

The NASDAQ also saw a significant leap in response to the news, moving nearly 650 points for an almost 3% positive gain.

Oil prices also plummeted as the Strait of Hormuz has been projected to be opened. Crude oil WTI dropped from roughly 112 per barrel to just under 95 per barrel, a 17-point drop overnight.

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Nasdaq Fires Climate Adviser Who Told Charlie Kirk To 'Rest in Piss' After His Assassination

Nasdaq, one of the world's largest stock exchanges, terminated a senior sustainability and climate adviser after she appeared to celebrate the assassination of Charlie Kirk.

The post Nasdaq Fires Climate Adviser Who Told Charlie Kirk To 'Rest in Piss' After His Assassination appeared first on .

Who really resisted Big Tech? Hint: Not Parler



In the aftermath of the Capitol riot on Jan. 6, 2021, America’s digital battlegrounds were scorched by censorship — not just from Big Tech, but from within.

On Jan. 9, Apple banned Parler from its App Store. Google Play followed the same day. Three days later, Wimkin — another fast-growing platform I founded in 2020 — was pulled from both stores while trending as the No. 1 download.

This story isn’t just about app stores or privacy. It’s about who actually fights for liberty — and who cashes in on the illusion of it.

Apple reinstated Parler just two weeks later. Big Tech doesn’t reinstate fighters. It rewards compliance. Parler capitulated, big-time.

Parler’s infrastructure wasn’t just negligent; it became a surveillance tool. The platform required government ID to create an account and failed to scrub GPS metadata from user-uploaded media. That metadata was easily scraped and used to locate users inside and around the Capitol on Jan. 6.

IDs plus GPS equals turnkey doxxing. Parler didn’t resist the feds — it did their job for them.

Wimkin held the line

Wimkin, by contrast, required no ID and stripped metadata to protect user anonymity. But even though we did everything right, Apple and Google deplatformed us at the height of our momentum.

At the same time, the U.S. Postal Service’s secret surveillance unit — iCOP — began monitoring Wimkin for “threats.” The message was clear: The surveillance state had our platform in its crosshairs.

Then came two separate demands from Rep. Bennie Thompson (D-Miss.) and the January 6 committee, ordering Wimkin to turn over internal communications. Wimkin refused.

Wimkin, in fact, was one of the few companies to hold the line. That is what fighting looks like.

And where were the conservative influencers? The so-called "free-speech warriors" refused to promote Wimkin unless they were paid $5,000 or more per post. They’d praise Parler — which helped get users arrested — but wouldn’t lift a finger for the one platform actually resisting federal pressure.

RELATED: We say we want free speech — until we hear something we hate

Photo by Malte Mueller via Getty Images

Resistance is not futile

Wimkin wasn’t unprofitable — we were demonetized, targeted, and shut down at every turn. We burned through legal fees to protect users and stand up to Congress. And we received practically no media defense, no major promotion, and no institutional support.

But we stood our ground. And now, Wimkin is going public on the NASDAQ.

This story isn’t just about app stores or privacy. It’s about who actually fights for liberty — and who cashes in on the illusion of it.

Parler bent the knee. Wimkin planted a flag.

Markets surge to record highs, dollar jumps following Trump victory



President Donald Trump promised to usher in the "golden age of America" in his victory speech early Wednesday morning. At the open of trading hours later, the Dow gained over 1,320 points (in excess of 3%) while the S&P 500 index increased by 1.9% and the Nasdaq rose by 2.2%.

CNN indicated that this is the first time the Dow has jumped over 1,000 points in a single day since November 2022.

While some analysts suspect the decisiveness of the win may have put some investors at ease, others figure Trump's policy proposals — especially those pertaining to deregulation and taxes — have investors excited.

Michael Block, COO at AgentSmyth, told CNN, "There is this huge perception of [a] business friendly, tax-friendly regime coming into place, especially with them winning the Senate."

'Business animal spirits could be rekindled once again.'

Republicans have secured a majority in the U.S. Senate and are poised to keep the House.

"Assuming the House goes Republican, we expect that a Red Sweep outcome will play out in a similar fashion to the 2016 playbook but to a lesser degree given a more mature economic backdrop and higher equity valuations," Jeff Schulze at ClearBridge Investments told Bloomberg. "Business animal spirits could be rekindled once again from Trump's pro-business approach."

As it became clear Trump was going to win in a landslide, the price of Bitcoin rocketed from south of $70,000 to over $75,000 overnight, zigzagging around $74,400 Wednesday morning. This jump was energized by Trump's embrace of crypto on the campaign trail.

In July, Trump told crypto boosters at a Bitcoin conference in Tennessee that he would make the U.S. the "crypto capital of the planet."

Not only did the U.S. dollar rise against the euro, the peso, the Japanese yen, and the Chinese yuan in response to Trump's landslide win — the biggest rise since March 2020 — the New York Times indicated that yields on U.S. government bonds also climbed sharply. Treasury 10-year yields reportedly advanced 18 basis points to 4.45%.

While the American market was ostensibly made great again, European stocks took a tumble Wednesday afternoon. CNBC noted that the pan-European Stoxx 600 was down 0.68% by 4 p.m. London time.

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Chatter about possible recession in US grows as global markets tank, 'Bidenomics' apparently fails to deliver



Markets around the world, including in the U.S., tanked on Monday as investors began openly expressing concerns about a possible U.S. economic recession.

As they had on Friday, global markets were severely in the red on Monday. The Dow opened down more than 1,000 points and as of mid-morning hovers about -2.6% overall. The tech-heavy Nasdaq is down over 560 points or 3.36%.

'Four years ago today, Trump claimed the stock market would 'crash' if Joe Biden was elected.'

The Asian markets, many of which are about 12 hours ahead of the American markets, suffered even worse losses on Monday. The Nikkei 225 in Japan tumbled 12.4% — more than 4,450 points — its largest single-day loss in history. The second largest was "Black Monday" in 1987.

"That was a crash. It smelled like 1987," said Neil Newman, head of strategy at Astris Advisory in Tokyo, according to CNN.

On Monday, Taiwan's Taiex likewise fell 8.4% and South Korea’s Kospi 8.8%.

These catastrophic numbers have intensified talks about a looming recession in the U.S. Even leftwing outlets like the Daily Beast have acknowledged the possibility.

"To put it mildly, the spike in volatility-of-volatility is a spectacle that underlines just how jittery markets have become," said Stephen Innes of SPI Asset Management, according to ABC News. "The real question now looms: Can the typical market reflex to sell volatility or buy the market dip prevail over the deep-seated anxiety brought on by this sudden and sharp recession scare?"

The Federal Reserve will now almost assuredly cut interest rates next month to stabilize the volatile markets.

For now, economists are blaming the global market turmoil on the dismal jobs report the U.S. Department of Labor released on Friday. So-called experts had anticipated a report showing that the policies that Biden and Harris have affectionally called "Bidenomics" had created 175,000 jobs last month, but the real number was much lower, just 114,000, causing the unemployment rate to jump to 4.3%, the highest rate since October 2021 and nearly a full point higher than it was at the beginning of the year.

As recently as May, an account touting the supposed accomplishments of Vice President Kamala Harris celebrated the soaring stock market and took aim at former President Donald Trump's skepticism about a Biden-Harris administration's ability to address economic issues.

"Four years ago today, Trump claimed the stock market would 'crash' if Joe Biden was elected (The stock market has reached the highest levels ever recorded in history under President Biden)," Kamala HQ tweeted on May 24.

Trump certainly has his doubts that Biden and Harris are up to the task, dubbing the market tumble on Monday the "KAMALA CRASH."

"Of course there is a massive market downturn. Kamala is even worse than Crooked Joe. Markets will NEVER accept the Radical Left Lunatic that DESTROYED San Francisco and California, as a whole. Next move, THE GREAT DEPRESSION OF 2024! You can’t play games with MARKETS. KAMALA CRASH!!!" Trump wrote on Truth Social.

Harris for President spokesperson James Singer, in turn, pointed the finger at Trump for the abysmal jobs report. "Donald Trump failed Americans as president, costing our economy millions of jobs, and bringing us to the brink of recession," Singer said.

"We’ve made significant progress, but Vice President Harris knows there’s more work to do to lower costs for families."

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Nasdaq Exempts Chinese Business Partners From Woke Politics It Forces On Americans

The Nasdaq is forcing identity politics onto corporate America, all the while exempting Communist China from its DEI agenda.

Trump Set To Become One Of 500 Most Wealthy People In The World: REPORT

The process will increase Trump's net worth to $6.4 billion

Stock market's dismal 2022 marks worst drop since 2008



The stock market notched significant declines in 2022, with the Dow Jones Industrial Average, S&P 500, and Nasdaq marking their worst year since 2008, falling 8.8%, 19.4%, and 33.1% respectively, according to CNBC.

The stock market's fall in 2022 came during a year in which Russia has been waging a war against Ukraine and the Federal Reserve has been hiking interest rates in a bid to combat the high inflation that has been hammering Americans.

"Over the last 12 months, the all items index increased 7.1 percent before seasonal adjustment," the U.S. Bureau of Labor Statistics noted in a consumer price index report released earlier this month. "The all items index increased 7.1 percent for the 12 months ending November; this was the smallest 12- month increase since the period ending December 2021."

Economic conditions could keep getting worse for awhile.

"You still have high inflation which is moderating, you have a declining housing market, you have slowing growth—all that suggest a potential continued deterioration in the economy in the first part of 2023," head of portfolio management for Commonwealth Financial Network Peter Essele said, according to the Wall Street Journal — the outlet reported that Essele suggested that the downturn may lead the Fed to start indicating a potential for interest-rate decreases. "That could set up a very nice picture for the latter half of 2023," he said.

Congress recently passed an around $1.7 trillion omnibus spending package that ran thousands of pages long, sparking criticism from conservatives — Sen. Ted Cruz of Texas described it as a "spending boondoggle" that "will drive inflation and prices even higher." There were 18 GOP senators and 9 House Republicans who voted in favor of passing the measure.

Stock Market Tanked 14 Percent Since Biden’s Inflationary Boondoggle Passed

The stock market continued its downward spiral Thursday as the economy struggles to cope with Biden's reckless spending.