A $5,000 Trump Dividend? The Bond Market May Like a Word.

ImageAndrew here.We often talk about the risks of “circular financing” in the A.I.
ecosystem — namely, Nvidia’s investing in large portions of the industry.That has now caught the attention of the Justice Department, but in a different context: What does it mean for competition in the space? We’ve got the details below.ImagePocketbook politics Bond investors have been rebelling against profligate government spending, ballooning deficits and inflation.But so far, they’re not panicking about President Trump’s latest political gambit: promising $5,000 “dividend” checks to every adult citizen if Republicans keep control of Congress after the midterm elections.Markets may see little chance of that happening.
(Remember other Trump giveaway pledges that haven’t panned out.)But the prospect of a roughly $1.3 trillion payoff to the American public risks roiling the bond market as Treasury Secretary Scott Bessent seeks to calm it.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access.If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe....