This is framed as bad news: it argues the market is being propped up by government-tied deals while war-driven interest rates and layoffs threaten ordinary people.

• Trump says the Iran conflict will keep borrowing costs high for years, making homes, cars, and business loans more expensive worldwide.
• Trump is pushing crypto hard while a report says he and his family stand to make over a billion dollars from it — a direct conflict of interest.
• SpaceX is being fast-tracked into the Nasdaq 100 after rule changes, and OpenAI reportedly offered the administration a stake — deals that look like companies buying government favor.
• New "Trump accounts" seed kids' investment accounts with $1,000 to pull more people into stocks, but they only help families with spare cash and steady jobs.
• Microsoft is cutting 4,800 jobs, part of a wider wave of layoffs hitting as interest rates and inflation stay high.

Outlook: Expect more government-linked deals to keep stocks pumped up, but high rates and layoffs point to strain underneath — and some investors are already trying to avoid SpaceX and crypto exposure.