Trump will bring about a new era of prosperity

Conrad

Trump will turn the world upside down, for the better, starting with a hard line approach on China which has been abusing goodwill for decades, undermining other economies and certainly not making markets more efficient.

In the end the US needs nothing from China that it cannot self produce or find elsewhere.

Trumps competitive nature will drive him to bring back masses of jobs and prosperity to the American citizens.

Ok the price will be a little less regulation, but as I've always argued it's far better to spread enterprise and give citizens more choice of where to work than to over regulate and cause great economic harm for the sake of idealist abstractions.

I'm diversfying our ISA portfolio into US equities and real estate.

sann420

Trump will be a colossal disaster, same as Brexit. I predict he will probably end up getting impeached during his presidency.

The over simplistic populist non sense has never got a nation any where. It sounds like plain logic to the bewildered masses but it almost always backfires.

Time will tell!

wotsthat

Conrad wrote: »

I'm diversfying our ISA portfolio into US equities and real estate.

Anything in particular?

Aren't you worried about investing in the US with Sterling at multidecade lows? (<$1.23 today).

I had a big holding in an international ETF and sold out of that to bank the profit from the fall in Sterling and reinvested in the UK. Partly because currency wise I think (or hope) Sterling is oversold.

David_Aston

Yet again Corad, what happy pills are you on!

MobileSaver

Conrad wrote: »

Trump will turn the world upside down, for the better,

Do you seriously think a nuclear arms race is "for the better" of the world?

kabayiri

MobileSaver wrote: »

Do you seriously think a nuclear arms race is "for the better" of the world?

Obama was just as committed to a big nuclear weapons program :

http://billmoyers.com/story/the-trillion-dollar-question-the-media-have-neglected-to-ask-presidential-candidates/

There is a major global power play going on, and it does not concern matters in the Middle East one jot.

Trump may only be continuing something already started.

Hintza

MobileSaver wrote: »

Do you seriously think a nuclear arms race is "for the better" of the world?

Who with? Perhaps I have missed something?

sann420

MobileSaver wrote: »

Do you seriously think a nuclear arms race is "for the better" of the world?

I think trump and his America will definitely win a p***y grabbing race. Maybe we can add the sport to Olympics in the future :j

DiggerUK

Trumps fiscal plans will sugar rush the economy. Making the fabulously wealthy, absolutely fabulous wealthy people.

Allowing US companies to repatriate profits held abroad, at a proposed 10% tax, plus a reduction in corporate taxes from 35% to 15%, will lead to a very happy middle class, as their pension plans get a rocket. All personal tax bands are promised a cut to boot.

Big savings (to big government) will be achieved by slashing green subsidies. A goodly war chest to pay for projects to buy blue collar votes for a second term........

The US can't outdo the rest of the world on cost, also they have smashed most of their industrial capacity. Going isolationist is not a viable option. Any talk of Trump teaching China a lesson, and bringing them to heel, reminds me of the successful campaign Custer waged against those pesky injuns..._

Edit 07-08-2017, well it seems that Trump is having trouble with his sugar rushing. Lots of problems getting his promises fulfilled. Even his green cuts don't amount to a lot of money to dish out.....what next for la la land..._

2nd Edit, 20-12-17 ok, now they will have corporate tax at 21%, which will benefit big business, but not small business, who have had their tax rate go up from 15%.
Personal tax rates are a mixed blessing, low paid will be happy getting reductions between 3 and 10%. Highest earners get 2.6% reduction.
‘Squeezed middle class’ don’t get much, between 0 and 4%. But there is a good chance that their savings will get a boost because of the sugar rush to corporate profits.

3rd Edit, 18-01-18, isn’t it easy to miss the wood for the trees. It seems the case that a reduced rate of 15.5% can be applied to repatriated foreign profits, with a few twists.....but not enough to cool the coming sugar rush I reckon.

https://www.cnbc.com/2017/12/19/tax-bill-includes-an-incentive-for-u-s-companies-to-invest-in-foreign-manufacturing.html

https://www.vox.com/2017/12/19/16791936/repatriation-holiday-republican-tax-bill-explained

Like it or lump it, love him or hate him, he is still on track to win a second term..._

CLAPTON

DiggerUK wrote: »

Trumps fiscal plans will sugar rush the economy. Making the fabulously wealthy, absolutely fabulous wealthy people.

Allowing US companies to repatriate profits held abroad, at a proposed 10% tax, plus a reduction in corporate taxes from 35% to 15%, will lead to a very happy middle class, as their pension plans get a rocket. All personal tax bands are promised a cut to boot.

Big savings (to big government) will be achieved by slashing green subsidies. A goodly war chest to pay for projects to buy blue collar votes for a second term........

The US can't outdo the rest of the world on cost, also they have smashed most of their industrial capacity. Going isolationist is not a viable option. Any talk of Trump teaching China a lesson, and bringing them to heel, reminds me of the successful campaign Custer waged against those pesky injuns..._

so in summary
the rich will be better off
the blue collar workers will be better off
tax payers will be better off

and as I recall the matter , the Indians lost the war

Hintza

DiggerUK wrote: »

Any talk of Trump teaching China a lesson, and bringing them to heel, reminds me of the successful campaign Custer waged against those pesky injuns..._

Poor analogy, the Sioux might have won the battle but the war had sadly been lost from the outset.