Archive for the ‘President Trump’ Category

Trump vs. the World

Monday, May 1st, 2017

During the presidential campaign, President Trump often came off as a bully. Now that he’s president, the bullying is coming from others.

The “resistance,” the media, academics, celebrities and others have not accepted him as their president. On any given day, you’re likely to read more favorable reporting about North Korean leader Kim Jong-Un than you are about President Trump.

Granted, his statements often accentuate the negative and eliminate the positive. His tweets, at least the ones that catch the attention of journalists, are sometimes crude or unpresidential and many of his braggadocious claims, at best, exaggerate the truth.

But with 100 days gone, is the widespread criticism warranted? How is he really doing as president? And how does his presidency compare with previous presidents?

Before considering his performance to date, keep in mind that judging a president based on such a short period is like judging a corporation based on its performance for a quarter. A presidential term is 1,461 days, so the first 100 days account for about 7% of the president’s term. (more…)

Investing Under President Trump

Monday, November 21st, 2016

Is Donald Trump a narcissistic blowhard or an astute businessman with the ability to make America great again?

We will all find out over the next four years, but we should also keep in mind that he will not be running the country by himself. He has a Republican majority in Congress and most states are now run by Republicans (the party that most media were writing obits for a month ago).

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Although President-elect Trump is a former Democrat and has expressed support for expanding many government programs, the advisors he has picked to date signal that the regulatory state we’ve lived under for the past eight years will be reined in. That would be good news for the economy and for the markets.

Regardless, he is not Hillary Clinton, who was poised to tack left of President Obama and bring us closer to the socialist state that U.S. Senators Bernie Sanders and Elizabeth Warren have been advocating.

While we worry about his stands on trade and immigration, President Trump will undoubtedly be stronger than President Obama, more bipartisan and more focused on economic growth. In all cases, it wouldn’t take much. (more…)