INITIAL THOUGHTS<\/p>\n
US voters stunned the world handing a huge victory to Donald Trump. SP futures fell 5.2% overnight but are now down only 1.6% (as of 7:40am). What happens from here will be a function of if Trump follows through on some of his\u00a0worst rhetoric. Or, if he moderates some of his positions, hopefully with the benefit of smart advisors.<\/p>\n
A big part of Trump’s message is to increase economic growth. The biggest danger is setting off a trade war. A President does have some unilateral power\u00a0on trade. In addition, a big increase in uncertainty would not be good for the economy. Combined, this could send the economy in the wrong direction.<\/p>\n
Trump does have some good ideas such as decreased regulation, corporate tax reform, bringing overseas earnings back to the US, better energy policy, etc.<\/p>\n
His victory speech was a good start to heal the country and to start moving forward. For now, we give him the benefit of the doubt.<\/p>\n","protected":false},"excerpt":{"rendered":"
INITIAL THOUGHTS US voters stunned the world handing a huge victory to Donald Trump. SP futures fell 5.2% overnight but are now down only 1.6% (as of 7:40am). What happens from here will be a function of if Trump follows … Continue reading