1. Trump's policies significantly weaken workers' rights and protections. 2. Labor leaders claim Trump prioritizes corporate interests over workers. 3. Minimum wage cuts threaten 3.7 million home-care workers' incomes. 4. Trump's actions seen as the largest anti-union move in history. 5. Tariffs and deportations negatively impact job availability and economic growth.
Continuing worker discontent and anti-union policies may harm consumer spending, negatively affecting S&P 500. Historical evidence shows that declines in consumer confidence can lead to stock market drops.
Worker disengagement can lead to decreased spending power and economic growth, adversely affecting major companies within the S&P 500.
The implications of weakened labor rights could have enduring effects on the economy and corporate performance, similar to the long-term impacts of decreased labor union strength observed in the 1980s.