While true, I think $IBM and $MSFT are two likely beneficiaries. And I think the author is correct that any company, such as $AMZN which has criticized #Trump will likely be excluded from consideration.
If #Trump installs #GlassStegall and ends the insane regulatory environment that does little to protect the populace it would be the single greatest victory for the American people in decades.
That said, the market is not crashing because #Yellen isn't raising rates substantially and what she does do is slower and slower every day. The bubble won't pop until people start blowing into it or a tear occurs. In the meantime what's driving the market is people getting out of short term deposits waiting to put it in higher term bonds and CDs and getting into the only assets paying decent returns even if it implies bigger and bigger risk (mainly stocks and real estate).
Don't forget that #Trump is assuming that no other country will react negatively to these aggressive moves. Many could view this as the beginning of a trade war and could react accordingly. While I believe some tax reform is necessary, I view Trump's plan as rather short-sighted, too optimistic and even reckless.
American has one of the highest corporate tax rates at 35%. But they rarely pay anywhere near that since there are so many loopholes. Worse, many are "moving" to other countries to avoid the taxes all together.
#Trump's plan has some merits. It doesn't matter where a company is located, it only matters where they sell their products. So if they sell them here, they pay 20% taxes on that. If they sell them overseas they pay no taxes on it at all. So that helps to spur exports.
It also encourages manufacturing in the US, since they can deduct the cost of those goods if sourced from within the US. If they purchase the products from abroad they can't.
But stores like Walmart and Target buy the majority of their products overseas and sell them here in the US. So they'll pay higher taxes than a company which exports a lot of their goods, and sources at least some of their products for the US.
It is a tough time for department stores. I just don't see how they can compete with #Amazon and others like it. Not to mention, if #Trump can push through his new tax plan, it will kill stores especially, #Walmart and #Target. $AMZN$WMT$TGT
Interesting article. Not sure how it went from bonds to #Trump, but certainly, Donald Trump had conversations with Russia and with key Russians banks. The author does not seriously contest that truth, does he? He may. Oh well.
As far as bonds are concerned, Wall Street will only lose to high interest rates if the bonds can't be sold. The author has not proven that the bonds in question are losing demand. The new normal sucks in many ways, but Trump is not the guy to make it go away unless maybe he blows up the world in wars. If that happens, Wall Street will profit another way, and maybe it will offset the loses on bond derivatives and maybe it won't.
My bet is that most of those in his party despise #Trump. The rest are probably jealous/incredulous that he actually won. I think most would probably get behind him if they had more faith in him and his agenda. But his instability always risks blowing back on them.
I doubt if President #Trump has a one-trick-pony agenda. The real issue is, I believe, whether his party is behind him 100% in order for him to implement his ambitious plans. So far, I've seen no evidence of that in the House and Senate.
#Trump wants to tax dollar store customers to make the economy go. That is, on any level, simply ridiculous. The three trillion is pure speculation. People deserve to lose on that bet because there is simply no real guarantee that Trump's plan to bludgeon imports will work anyway.
Excellent article, and the last sentence sums it up well: "The #Trump Administration is more about unilateralism than isolationism, but its unilateralism may find it more isolated." 'America First' does not necessarily equate isolationism, but rather forces decisions to be viewed through the lens of "does this actually benefit America."
True, but #Trump does deserve some credit for the speech last night. He may not have written it, but he learned to not go off topic with horrific rants and untruths.
President Trump Wants To Upgrade The Government’s IT; Microsoft Should Benefit
While true, I think $IBM and $MSFT are two likely beneficiaries. And I think the author is correct that any company, such as $AMZN which has criticized #Trump will likely be excluded from consideration.
Bears Could Be A Bust In The Hall Of Shame
If #Trump installs #GlassStegall and ends the insane regulatory environment that does little to protect the populace it would be the single greatest victory for the American people in decades.
That said, the market is not crashing because #Yellen isn't raising rates substantially and what she does do is slower and slower every day. The bubble won't pop until people start blowing into it or a tear occurs. In the meantime what's driving the market is people getting out of short term deposits waiting to put it in higher term bonds and CDs and getting into the only assets paying decent returns even if it implies bigger and bigger risk (mainly stocks and real estate).
Athleisure Remains The Best “Fit” In Fashion Stocks
Don't forget that #Trump is assuming that no other country will react negatively to these aggressive moves. Many could view this as the beginning of a trade war and could react accordingly. While I believe some tax reform is necessary, I view Trump's plan as rather short-sighted, too optimistic and even reckless.
Athleisure Remains The Best “Fit” In Fashion Stocks
American has one of the highest corporate tax rates at 35%. But they rarely pay anywhere near that since there are so many loopholes. Worse, many are "moving" to other countries to avoid the taxes all together.
#Trump's plan has some merits. It doesn't matter where a company is located, it only matters where they sell their products. So if they sell them here, they pay 20% taxes on that. If they sell them overseas they pay no taxes on it at all. So that helps to spur exports.
It also encourages manufacturing in the US, since they can deduct the cost of those goods if sourced from within the US. If they purchase the products from abroad they can't.
But stores like Walmart and Target buy the majority of their products overseas and sell them here in the US. So they'll pay higher taxes than a company which exports a lot of their goods, and sources at least some of their products for the US.
Athleisure Remains The Best “Fit” In Fashion Stocks
#Trump wants to lower corporate taxes. Won't that help them?
Athleisure Remains The Best “Fit” In Fashion Stocks
It is a tough time for department stores. I just don't see how they can compete with #Amazon and others like it. Not to mention, if #Trump can push through his new tax plan, it will kill stores especially, #Walmart and #Target. $AMZN $WMT $TGT
Is The Trump Trade Over Or Should You Buy This Dip?
Markets have priced in that all #Trump promises will be implemented. After #healthcare debacle, NOT likely.
They Call It “Monetary Policy”
Interesting article. Not sure how it went from bonds to #Trump, but certainly, Donald Trump had conversations with Russia and with key Russians banks. The author does not seriously contest that truth, does he? He may. Oh well.
As far as bonds are concerned, Wall Street will only lose to high interest rates if the bonds can't be sold. The author has not proven that the bonds in question are losing demand. The new normal sucks in many ways, but Trump is not the guy to make it go away unless maybe he blows up the world in wars. If that happens, Wall Street will profit another way, and maybe it will offset the loses on bond derivatives and maybe it won't.
That is just my two bits.
3 Trillion Dollars Now At Risk...And More
If #Trump's failure to repeal and replace #ObamaCare is any indication, I would say you are probably right.
3 Trillion Dollars Now At Risk...And More
My bet is that most of those in his party despise #Trump. The rest are probably jealous/incredulous that he actually won. I think most would probably get behind him if they had more faith in him and his agenda. But his instability always risks blowing back on them.
3 Trillion Dollars Now At Risk...And More
I doubt if President #Trump has a one-trick-pony agenda. The real issue is, I believe, whether his party is behind him 100% in order for him to implement his ambitious plans. So far, I've seen no evidence of that in the House and Senate.
3 Trillion Dollars Now At Risk...And More
#Trump wants to tax dollar store customers to make the economy go. That is, on any level, simply ridiculous. The three trillion is pure speculation. People deserve to lose on that bet because there is simply no real guarantee that Trump's plan to bludgeon imports will work anyway.
If there is One Thing Investors and Foreign Officials Should Know About the US...
Excellent article, and the last sentence sums it up well: "The #Trump Administration is more about unilateralism than isolationism, but its unilateralism may find it more isolated." 'America First' does not necessarily equate isolationism, but rather forces decisions to be viewed through the lens of "does this actually benefit America."
Why Gold Is A Sure Thing In 2017 (SPONSORED POST)
#Gold always does well in uncertain times and there's never been a more "uncertain" president than #Trump!
Is The Trump Economic Agenda Falling Apart Before It Even Gets Underway?
True, but #Trump does deserve some credit for the speech last night. He may not have written it, but he learned to not go off topic with horrific rants and untruths.
Is The Trump Economic Agenda Falling Apart Before It Even Gets Underway?
"Humble is a word that is not in #Trump's vocabulary...." That's an understatement! But I enjoyed the article and comments.