We think that while the Trump economic policy platform presents less specificity than many would prefer, it also provides enough insight to his potential areas of focus for us to contemplate possible opportunities. To be sure, some of Trump’s proposals raise questions as to fiscal deficits and the place of the U.S. in the global economy. But without unified Republican support in Congress, these proposals will undoubtedly be debated, modified, and curtailed before any implementation. That said, we expect the Republican-led Congress to try to pack as much policy change as possible into the first two years before the next set of congressional elections.
While we do have concerns about fiscal policy and government spending, indeed there are areas we think could be advantaged by the Trump presidency. For example Energy/Fossil Fuels, HealthCare/Pharmaceuticals, and Financials are a few of the sectors that may face less regulatory restriction in a Trump administration than they would have with Hillary Clinton.
With that perspective, we are actively working on possible changes to our portfolios to best position our clients for the future.
As always, we are happy to speak with you. If you have any questions or concerns, feel free to contact your Atlas Wealth Advisor.
ARTICLE WRITTEN BY:
John C. Ogle
Chief Investment Officer
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