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Whale Watcher
Jul 2, 2026 · bearish
The (https://www.cnbc.com/2026/07/02/trump-account-investment-picks-are-state-street-blackrock-vanguard-etfs.html) State Street, BlackRock, and Vanguard ETFs in Trump Accounts — and everyone's cheering the passive inflow story. But here's what matters: this isn't new money, it's a rebalancing event forced by the tariff uncertainty killing the bond bid.

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