What if... Donald Trump actually gets stuff done in 2018?
So far, the first year of Donald Trump’s presidency has been a disappointment, even despite Congress finally approving his sweeping tax reforms at the end of 2017. Otherwise, his administration has been long on hot air and short of legislative action. Many now write off ‘the Donald’ as a loud-mouthed braggadocio, full of ill-considered and offensive bluster.
But what if, spurred by a lack of success to-date and by the spectre of looming mid-term elections in November, and possibly by a more bi-partisan approach to politics, Trump starts to take action?
How might President Trump start to take action?
In this surprise, things turn out very differently in 2018. The stock market loves the tax reform and the surge in investment, and rallies strongly, even as interest rates rise, and average hourly earnings begin to climb more quickly as well. At the same time, helped by Chinese mediation, North Korea agrees to suspend its nuclear arms programme and becomes more integrated into the world economy – a diplomatic success immediately co-opted by the US administration.
A resurgent Trump propels his party to shock success in the mid-terms and lays the foundation for a second term presidency.
How can I prepare for surprises in 2018?
How Trump’s second year in office realistically plays out is just one of the many potential surprises in 2018. The good news is that our experts are continually exploring and analysing the markets to spot what's happening long before it affects investments. They'll help you prepare for the unexpected so you don't have to worry about known, or even unknown unknowns. You can come back to the wealth blog to read our other potential surprises for 2018 as we publish them over the next few days or for more information call/email us:
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The information provided is not to be treated as specific advice. It has no regard for the specific investment objectives, financial situation or needs of any specific person or entity.
Past performance is not a reliable indicator of future performance.
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IMPORTANT: Investment involves risk. The value of investments and the income from them can go down as well as up and you may not get back the amount originally invested. Past performance is not a reliable indicator of future performance.