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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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