The US and the UK Financial Market have both started on a positive note. However, there are a lot of factors to take into consideration, such as BREXIT and the President elect Trump presidency. What happens in America will have an impact on the UK’s Financial Market. So far so good, the Market seems to be positive about the new President. Everybody is waiting, for Trump to take office and see how his policies will affect the Market.
We have started to see a little bit of what his plans are for job creation – lowering taxes for corporations, and bringing American jobs back home. So from a business point of view, it looks potentially good.
Some uncertainty with BREXIT, but it all seems to be priced into the Market, we have a similar stance with President elect Donald Trump, which is placing the country first, and that’s why the people voted out of the EU, and the Americans on other hand, voted Trump because he has promised “to make America great again”.
Prime Minister Theresa May is meeting with President elect Trump in spring, which is good, because coming out of the EU, which Donald Trump himself was in favour of, we now have to build and improve relations with our number one ally, in ways that will benefit both countries and as a result, this will give a positive outlook to the Financial Market.
As the world at large is counting down the days for the inauguration of President elect Trump, and most people like me are wondering what the world will be like as Donald Trump takes office of the most powerful country on earth, which would obviously make him the most powerful man on earth.
Donald Trump has picked top wealthy businessman as his economic advisers, most fall in the category of the Billionaires club, the “know how” that made them personally successful, could now possibly, help America as a country, and they may have the Answers to their trade deficit, National debt ( 14 Trillion), and other economic issues.
Some of his wealthy Advisers are:
Carl Ichan who will be the special adviser on Regulatory Reforms. He is aged 80 years, he has a conglomerate holding company in New York and he is the majority shareholder. He started out as a stockbroker on Wall Street in the early 1960s and started his own firm in the late 1960s. His firm (Securities) focused on risk arbitrage and option trading.
Harold Hamm, self–made oil billionaire,
Dan DiMicco, a former chief executive of steelmaker Nucor;
Steven Mnuchin, Trump’s national finance director, who is chairman and chief executive of the hedge fund Dune Capital Management;
Steve Roth, founder and chief executive of Vornado Realty Trust;
John Paulson Hedge fund billionaire ;
Howard Lorber, chief executive of the Vector Group;
Tom Barrack Real estate investor ;
To reiterate, Donald Trump has so far brought a positive vibe to the Financial Market both here in the UK and the US, and we here at Futuretrend Training Academy wish him the very best as the 45th President of the United States of America.
Daniel Joseph MBA
see Daniel’s Bio here
Futuretrend Training Academy
Financial Training Department.