“This spreadsheet, which is being updated on an ongoing basis and which only Coulter has editing access to, includes HSN, Nordstrom, Bed Bath & Beyond, Amazon, Bloomingdale’s, Century 21, DSW, Marshall’s, Dillard’s, TJ Maxx, Neiman Marcus, Lord & Taylor, Zappos, Wayfair, and more,” Lieber wrote.
AlreadyShoes.com removed Trump products from its site after the boycott began, reported Troy Smith for cleveland.com. Coulter tweeted that Bellacor has removed Trump-branded products from its site.
“Activists tried to block Donald Trump with their votes — and now they’re trying to do it with their dollars,” wrote Martha Tesema and Heather Dockray for Mashable.com.
On a similar note, the Trump brand is also coming under fire because of a tweet promoting a $10,800 bracelet Ivanka wore during a “60 Minutes” interview.
“The sales tactic marked one of the first moments since the election during which the Trump companies have sought to use Trump’s presidential prominence to boost their private fortunes,” the Post Drew Harwell wrote in a story, “With Ivanka’s jewelry ad, Trump companies begin to seek profit off election result.”
Color of Money question of the week
What do you think of the efforts to boycott companies that carry the Trump brand? Send your respectful and civil comments to firstname.lastname@example.org. Please include your name, city and state. In the subject line please put “Boycott.”
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Trump and your money
Here is a list of must-read stories addressing how a Trump presidency may affect your wallet:
— Have you looked at your investment portfolio lately? You might see that it’s up since the election. But will the jump last? “Economists and investment analysts say markets could be volatile over the next several weeks as Trump shares more information about what policies he will implement,” reported the Post’s Jonnelle Marte. Read more about what Trump’s win means for the average consumer.
— Post columnist Ken Harney asks: “Could the election of Donald Trump have unanticipated impacts on the federal tax code’s benefits favoring owing a home over renting one?” Read Trump’s tax plans may have effects on real estate market
— Antoine Gara of Forbes writes, “Trump will need to win over the millennial voters he lost at the polls. After all, it is the income, spending, household formation and home buying of the millennial generation that will decide whether or not Trump is a successful president when it comes to the economy.”
Donald Trump’s Economic Reality Rides On The Millennial Generation He Lost At The Polls
— The Wall Street Journal’s Josh Zumbrun writes that economists are for now anticipating, “somewhat higher GDP, higher inflation and higher interest rates.” What Economists Expect from a Donald Trump Economy
— “Donald Trump’s win could bring a major victory to brokers and financial advisers,” writes Marte in this story, “This major investor protection could be on the chopping block under Donald Trump.”
As Marte writes, “One of Trump’s campaign advisers, Anthony Scaramucci, has said that the president-elect would move to ‘repeal’ an Obama administration rule that would protect retirement savers from conflicted advice. The rule, which would require financial professionals to put their clients’ interests ahead of their own, has long been a target of Republicans and other critics who call it burdensome and costly. The changes are meant to protect mom and pop investors by improving disclosures and preventing conflicts of interests, which the White House estimates cost savers $17 billion a year.”
Color of Money Column This Week
— Trump’s election does not bode well for the Consumer Financial Protection Bureau
Financial news you can use
Retirement columnist Rodney Brooks’ Monday newsletter this week: Think you’re prepared for retirement? Answer these 6 questions.
As Brooks writes, “Many Baby Boomers are not prepared for retirement, so they need to get much more savvy about their financial lives, and quickly.”
Readers may write to Michelle Singletary at The Washington Post, 1301 K St. NW, Washington, D.C. 20071, or email@example.com. Personal responses may not be possible, and comments or questions may be used in a future column, with the writer’s name, unless otherwise requested. To read previous Color of Money columns, go to washingtonpost.com/business.