All articles tagged with #trump bump
Projections suggest that due to modest inflation influenced by President Trump's tariff policies, Social Security's 2026 cost-of-living adjustment (COLA) could increase benefits by around 2.6%, adding approximately $52 per month for the average retiree, though retirees often see less benefit due to the CPI-W index's limitations.
Cryptocurrency investors are experiencing a surge in profits due to the 'Trump Bump,' with Bitcoin reaching nearly $100,000 per coin. This has led to lavish spending on luxury items such as private jets, cars, and watches. Investors like Charlene Woods and Daniel Marovic are cashing out their crypto earnings to enjoy high-end experiences and purchases, while others like Jack Sirounian are investing in luxury watches. The trend highlights the volatile yet rewarding nature of crypto investments, as well as the influence of political events on digital currency markets.