Although the "$2,000 stimulus check" narrative is compelling for markets on face value, the truth is:
1. There is a high chance (76% according to prediction markets) that Tariffs are ruled against by the Supreme Court (Trump stimmy hinges on tarrif revenue)
2. Even if it were approved, there's no guarantee it will be a flat payment (even Bessent said it could be in various forms like tax deductions) - very different from a $2k bank wire
So yeah, it sounds compelling, but unlikely to play out the way people are expecting it to.
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Although the "$2,000 stimulus check" narrative is compelling for markets on face value, the truth is:
1. There is a high chance (76% according to prediction markets) that Tariffs are ruled against by the Supreme Court (Trump stimmy hinges on tarrif revenue)
2. Even if it were approved, there's no guarantee it will be a flat payment (even Bessent said it could be in various forms like tax deductions) - very different from a $2k bank wire
So yeah, it sounds compelling, but unlikely to play out the way people are expecting it to.