The Trump Stock Market Is Lousy for Most

President Donald Trump has long viewed the stock market as a referendum on his performance. Although the S&P 500 Index closed at an all-time high this week, it did so on the strength of a handful of companies focused on the booming artificial intelligence sector, papering over signs of growing vulnerabilities in the economy and financial markets. With the midterm elections less than a month away, what Trump sees as an asset for Republicans may in fact be a liability.