Jobs, Debt, and Trump?s New Savings Accounts
Marc Cadin of Finseca joined The Final 5 to break down the state of the economy, from shaky jobs numbers to long-term debt concerns. He noted that tariffs, trade policy, and demographic shifts will shape markets more than short-term reports, warning that America?s mounting debt could trigger a future crisis like 2008. Cadin also weighed in on Trump?s newly-created savings accounts for newborns, as part of the "Big Beautiful Bill," seeded with $1,000 and designed to grow over decades. With compounding, he said, even modest contributions could turn into hundreds of thousands?or even millions?by retirement.