{
    "success": true,
    "data": {
        "id": 1839509,
        "msgid": "trump-claims-everyone-profits-from-stock-market-but-only-one-percent-of-americans-benefit-1783086618",
        "date": "2026-07-03 19:31:00",
        "title": "Trump Claims Everyone Profits from Stock Market, but Only One Percent of Americans Benefit",
        "author": "Wisnu Arto Subari",
        "source": "MEDIA_INDONESIA",
        "tags": "",
        "topic": "Economy",
        "summary": "President Donald Trump has touted his personal financial gains from the booming stock market, claiming 'everyone gets rich'. However, new data reveals that stock ownership remains heavily concentrated among the wealthiest Americans, with 38% of US households holding no equities at all. The stark inequality has prompted the administration to promote a new 'Trump Accounts' investment programme aimed at broadening market participation.",
        "content": "<p>President Donald Trump\u2019s latest annual financial disclosure shows he\nraked in millions of dollars from crypto-related income and holdings in\ntech giants like Apple, Microsoft, and Nvidia. \u2018You know why I made a\nprofit? Because the stock market is up, everyone makes a profit,\u2019 Trump\ntold reporters on Wednesday (1\/7\/2026). The wealth surge mirrors an\nimpressive first half for US capital markets, with the Dow Jones\nIndustrial Average up 8.9%, its best H1 performance since 2021. The\nS&amp;P 500 rose 9.6%, the Nasdaq Composite jumped 13%, and the Russell\n2000 soared nearly 22%, its best showing since 1991. Despite the sharp\nrally, the gains are not being felt evenly across America. According to\na Gallup poll frequently cited by Treasury Secretary Scott Bessent, 38%\nof US households have no exposure to equities or stocks at all. Stock\nownership remains heavily concentrated among the highest earners.\nFederal Reserve data from the first quarter of 2026 paints a stark\npicture of inequality. Mark Zandi, chief economist at Moody\u2019s, stated\nthat the current stock market surge is hugely beneficial for the wealthy\nbut means almost nothing for the majority of Americans. \u2018To be in the\ntop 1%, you need to earn more than US$750,000 (approximately Rp12.2\nbillion) per year,\u2019 Zandi explained. To address this gap, Bessent and\nadministration supporters are promoting the Trump Accounts programme,\nscheduled to launch on 4 July. The initiative is designed to provide\ninvestment opportunities in stocks for children of all income levels.\nBrad Gerstner, CEO of Altimeter Capital and a key backer of the\ninitiative, stressed the importance of putting capital into the hands of\nevery child born in the US so they can participate in the growth of\nmajor companies like SpaceX and Alphabet. Analysis by consulting firm\nMcKinsey estimates that Trump Accounts could generate long-term asset\naccumulation of between US$80 billion and over US$900 billion for\nlow-income households over the next decade, though success hinges\nheavily on sustained participation and contribution patterns.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/trump-claims-everyone-profits-from-stock-market-but-only-one-percent-of-americans-benefit-1783086618",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}