No. of Recommendations: 11
Great topic.
Tax cuts are a given under Trump. They will flow mostly to the top. The deficit
will of course rise because of them. Tariffs are a potential disaster, if implemented
in the way that Trump speaks of them. Other nations will retaliate with their own
tariffs. This does not sound good for domestic, or world, stock markets.
Mass deportations would be highly inflationary. I have seen very, very few white
people working the fields, so deportations will lead to higher food prices, don't
see any other possible outcome there. I do not see Americans lining up to
take those jobs, and unemployment is already low, so where will these replacement
workers come from ???
Rising inflation will put pressure on the Fed to raise rates, which is total
opposite of what Trump wants.
Taking a "blowtorch" to the ACA has to have some kind of negative feedback to the economy.
That has to lead to higher insurance premiums, so people will yet again have fewer
discretionary dollars to spend.
I'm trying to think of positives that come from a Trump Presidency, but drawing a blank.
He will try to eliminate as many regulations as possible. Personally, I very much enjoy
clean air and clean water, as well as child-labor laws, and employee-workplace protections.
Perhaps the stock market gets goosed up, as I can remember times when Wall St rose when
the working class suffered ( think bank bailouts,lol ), but over longer period valuation
is supposed to be based on ever rising free cash flow. They can goose that by doing share
buybacks, but not if revenue dries up.
I'll check back on this thread, really want to see some details of how a Trump term
will benefit the Country. With my personal bias, I sure don't see it, but I've been
wrong before,lol.
