Trump’s executive orders would boost the stock market
After Republicans and Democrats reached a stalemate in Congress, President Trump issued executive orders intended to help the economy. The orders include a payroll tax deferral. The payroll tax pays for Social Security and Medicare.This column is not intended to be a comprehensive analysis but limited to the impact of the deferral on the stock market.Trumps order, if implemented, would spike the stock market. Lets explore this issue with the help of a chart.
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