The Trump Effect

2017-04-12T11:44:43+00:00By |Economy, Gold / Metals, Investing|0 Comments

What could very well happen if Donald Trump become’s the 45th president of the United States of America after securing his party’s nomination & announcing his running mate.

trump-pence

The Trump Effect
Trump often makes populist moves based on what would attract the majority. His bid for presidency appears to be a long planned strategy pretty well executed (Scott Adams of Dilbert fame has written on this). Trump famously said there’s a bubble which will burst devastating the (US & world) on Good Morning America but has since said he can “fix it”.

 

Immigration
Pros: some may feel safer & that jobs are protected
Cons: possibly reality ending up causing actual economic loss; increased costs for companies dependent on foreign labour; less accessible for visitors/tourists

 

Taxes
Pros: pro-growth; reduced taxes for poorest
Cons: revenue loss

 

Healthcare
Pros: increased healthcare insurance competition reducing costs
Cons: dismantling of ObamaCare affecting coverage options & those with pre-existing conditions

 

Trade
Pro/Con: US protectionist policies (good for US companies & not so much for the rest of the world)
TBD: Branding China as a currency manipulator (How China responds will affect us too)

 

Miscues

There may be off the cuff, potentially explosive statements & mispeaks from Trump & co. And repercussions may be significant if uttered by a US president. For example, his wife Melanie Trump’s speech which sounds like a copy of Michelle Obama’s speech 8 years ago. And his Trump-Pence logo which is now a meme as the butt of  sexual jokes & wiping one’s bum (any old frees reading this? ;))

tp

trump-hug

 

Likely Trump-friendly Investments
Shares:

  • Companies that middle class would spend more disposable income on (reduced taxes)
  • Insurance (increased profitability w less restrictions)
  • Defense & arms related (pro armed forces)
  • Construction (re: Great Wall of Mexico)
  • Coal (increase jobs) & aluminium (anti-China dumping)

Gold: money printing dropping USD & inversely gold more valued

 

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