Sheenu Gupta : Feb 4, 2025
The Published Reporter
[PublishedReporter.com] ...Sovereign wealth funds are government-owned investment funds that allocate capital into various assets, including stocks, bonds, and real estate, with the goal of generating long-term financial returns. These funds are typically financed by a country's budgetary surpluses—excess government revenues that are set aside for investment rather than being spent on immediate expenses. However, the United States currently operates under a significant budget deficit, meaning it lacks the surplus funds that usually serve as the financial foundation for such an investment vehicle. Despite this challenge, President Donald Trump remains optimistic about the potential of establishing a US sovereign wealth fund. He pointed out that many other nations, including economic powerhouses and resource-rich countries, have successfully created and maintained such funds. Trump went even further, expressing confidence that if the US were to develop its own version, it could eventually grow to rival and surpass even the world's largest sovereign wealth funds... Subscribe for free to Breaking Christian News here Click Here to read. (Image: Pixabay)