Americans aren't quite sure what to make of this three ring circus we are calling a Presidential election. With the nomination fairly certain to be Donald Trump on the Republican side, there has been major discussion about what a Trump President might look like for the future of our economy. Will he borrow more money? Will he balance the budget? Will he build a wall? Will he bring jobs back to America? These are amongst the many issues that have been speculated about on the media outlets across the country. Here are my smart money moves on where to invest under a Trump regime.
- Infrastructure- While I cannot give you specific stocks, mutual funds, or exchange traded funds (you'll have to call me or e-mail me for that info;), I will divulge that this will be one of the best opportunities under a Trump presidency. Consider this for a moment. . . If you have a parent or grandparent that has reached the age of 70 years old, do they become more obstinate as they age or less? Do they get set more in their ways or are they open to new ideas and changes? Since Donald Trump has been the age of 20, he's been doing one thing throughout his life and that is being a builder. He's built hotels, golf courses, high rise condos, and office buildings. The one fact that has been consistently true about Trump is that he is a builder. We also know that Donald Trump likes his brand name on what he builds no matter what product it is that he takes to market. So, what we don't know is whether he'll build a wall, fix bridges and roads across American, or has some other project up his sleeve, but what we do know is that he is a builder.
- Defense- If you haven't watched any of the Apprentice shows or any of the Presidential debates, Donald Trump simply does not like to be pushed around by anybody. He has been really clear throughout the campaign process about his feelings and attitudes toward the US military, and how he feels about terrorist groups. If he believes we need a strong military or a rebuild of the military, you will see a redirection of taxpayer money into building up a stronghold in this area of our economy. Again, remember that I said that he is a builder. This means you could see more orders for planes, ships, weapons, and security systems.
- Large Blue Chip Companies With Cash- Most people haven't really read Trump's overall income tax plan, but it calls for significant cut in taxes for large corporations when it comes to business income tax. He's repeatedly said that we are one of the highest taxed nations when it comes to big business. Remember, that Trump owns more than 500 different entities so he knows a thing or two around business. Under Trump's plan, no business of any size would pay more than 15% of their business income in taxes. Corporations would no longer be able to defer taxes on income earned abroad as they do currently. If Trump enacts a foreign tax credit it would guarantee no company would face double taxation. This means you could see lots of big blue chip companies with cash moving their dollars and cents back to the United States.
- Guns, Guns, and Guns- With the recent endorsement from the NRA and Trump's continuous comments about 2nd amendment rights, you could see a boom in gun sales under a Trump regime. He has stated that he plans to lift gun and magazine bans, and that he wants to make sure you will be able to get a gun permit in all 50 states. If he moves the needle on any of these items, you should see the gun and ammo industry do really well from those changes.
Let's remember, that Donald Trump doesn't do anything that he thinks won't be 'UGE. Becoming the President of The United States might give him the state to make the ultimate Art of the Deal.
Written by:
Ted Jenkin
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Ted Jenkin is a frequent guest columnist for the Wall Street Journal and Headline News Weekend Express. He is the co-CEO of oXYGen Financial. You can follow him on LinkedIn @ www.linkedin.com/in/theceoadvisor or on Twitter @tedjenkin.
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