Withum Launches “Trumponomics Think Tank”
Withum announced the formation of its “Trumponomics Think Tank,” a group of industry thought leaders who will provide commentary on the President-elect’s proposed tax, international business, insurance, healthcare reform and energy policies. Insights will also address potential impact on stock market and inflation.
Withum’s highly credentialed Think Tank team will provide expert commentary and projections regarding the latest developments in these and other related areas of specialization pre- and post-inauguration.
Different Thinking for Different Times
“It’s a bit early at this point to estimate the impact of a Trump presidency on the economy as we try and understand where campaign rhetoric and reality intersect. With that said, there is a reason to be optimistic that proposed tax reform and infrastructure investment (if well thought out) would be positive for the economy over the medium and long term. How things play out with respect to trade is also something we
The views and opinions expressed in the articles and quotes shared are those of the authors and do not necessarily reflect the political position or views of WithumSmith+Brown, PC.
Members of Withum’s “Think Tank”
Withum Forms “Trumponomics Think Tank”
Withum announced the formation of its “Trumponomics Think Tank,” a group of industry thought leaders who will provide commentary on the President-elect’s proposed tax, international business, insurance, healthcare reform and energy policies. Insights will also address potential impact on stock market and inflation.
Withum’s highly credentialed Think Tank team will provide expert commentary and projections regarding the latest developments in these and other related areas of specialization pre- and post-inauguration.
Different Thinking for Different Times
While it may be a bit early to estimate the impact of a Trump presidency on the economy, we are trying to understand where campaign rhetoric and reality intersect. With that said, there is reason to be optimistic that proposed tax reform and infrastructure investment (if well thought out) would be positive for the economy over the medium and long term. How things play out with respect to trade is also something we will be watching closely.
We expect the combination of a firming labor market and a pro-growth, pro-business agenda will likely lead to a steady increase in the cost of money. Unlike yields in Europe and Japan, which have been negative for some time, U.S. interest rates remain positive and are moving higher. Furthermore, we would not be surprised to see negative real-rate differentials that currently exist to rapidly decline by late 2017/early 2018 as short-term rates catch up to the rate of inflation.
Jim Ferrare
CFA, CPA, President of Withum Wealth Management
