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Trump's New Investment Accounts May Send $19.5B Into Wall Street. Large Cap Stocks Could See The Biggest Boost

Trump
International Business Times Fews App News Provider
Fews App Post Time 7h ago

Chief Equity Strategist at Wells Fargo, Ohsung Kwon, estimates that the new investment vehicles, formally known as 530A accounts, could generate approximately $19. 5 billion in equity inflows before the end of the year. Anna Moneymaker/Getty Images President Donald Trump's newly launched Trump Accounts could channel nearly $20 billion into the U.

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