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• New tax cuts across the board.
• Steep tariffs on some Countries. This has other consequences but“ The Donald” isn’ t done yet.
• He went after Syria after proof of chemical warfare. He didn’ t bluff- he called them out and acted.
• He has taken a hard line against Russia, he’ s sent a 47 million Military Package to the Ukraine, troops to Poland’ s boarder and new sanctions on Moscow for violating the Intermediate- Range Nuclear Forces Treaty.
• He recognized Jerusalem as Israel’ s capital. Other Presidents promised to do it- he did it.
• He got NATO allies to kick in 12 billion more toward our collective security.
• He removed restraints Obama placed on our military and let it drive terrorist from their strongholds. He virtually eliminated the Islamic States physical caliphate.
• He admitted he was wrong on Afghanistan and revised Obama’ s disastrous withdrawal. He recognized the withdrawal would create a vacuum for terrorist.
• He won the election and ended the corrupt, dishonest Clinton political machine.
• The U. S. economy is booming as unemployment is at historic low levels at 3.8 %. He has restored confidence in the American economy with confidence among both consumers and businesses, reaching historic highs. Hey, that’ s just a few of the good things he’ s created and quite frankly, most Americans are biased and not interested in his sex life or the Russian witch hunt perpetuated by the Democrats. They are all distraction from a pathetic, fractured, Democratic party. BTW: I grew up as a Democrat- right up till I became a businessman. I think I was 9 years old then.
The Future
There’ s talk of recession in the next 18-24 months in the U. S. We’ ve had the greatest“ bull run” in history and many pundits say, we appear to be poised for a recession. Interest rates are creeping back up and there is talk of house sales slowing down.
Here’ s what I see: house sales are slowing down due to a lack of inventory. Single-family residential and multi-family residential are being built like crazy. It’ s almost impossible to find good contractors throughout the U. S..( See insert taken from the Tampa Times on August 30, 2018) There is a major shortage. Did Trump send all the Mexicans back to Mexico? He’ s only sending the bad ones back and making sure our boarders are secure to protect the citizens of this Country. Let me ask you this; do you think that Angela Merkle, the Chancellor of Germany will be well thought of in 10 years? Hmmm … There will be something brewing in Germany and I don’ t think it will be beer.
Here’ s what will impact any recession in the U. S.: the mid-term elections!
If the Republicans maintain Congress and the Senate, this bull market will continue potentially into Trumps second term. If the Republicans lose the Senate, the Democrats will try to impeach him and that will rock the markets.
Look, I’ m not a political writer, I’ m a businessman and my remarks are what I see here in the U. S.
You wish you had someone like him running your Country- don’ t you?
If you’ d like to schedule a private consultation with me in South Africa email my Executive Assistant Lisa Dutton at: Lisa @ RJPalano. com
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