Last Friday, Donald J. Trump was officially sworn in as the 45th president of the United States. As the news coverage last week focused on the inaugural festivities, demonstrations and cabinet confirmation hearings, I spent a considerable amount of time thinking about what the new administration will mean for investors — namely, what sectors will likely benefit the most? #-ad_banner-#In general, I don’t believe in starting investment research based on politics. But it is undeniable that the agendas set by any given administration sometimes have profound effects on the American economy and the companies that do business here. And so… Read More
Last Friday, Donald J. Trump was officially sworn in as the 45th president of the United States. As the news coverage last week focused on the inaugural festivities, demonstrations and cabinet confirmation hearings, I spent a considerable amount of time thinking about what the new administration will mean for investors — namely, what sectors will likely benefit the most? #-ad_banner-#In general, I don’t believe in starting investment research based on politics. But it is undeniable that the agendas set by any given administration sometimes have profound effects on the American economy and the companies that do business here. And so far, there is good reason to believe that will be especially true with the Trump administration. While you may or may not have supported President Trump when he was campaigning, one thing is clear: this administration is likely going to be very friendly to the military. Just take a look at some of the cabinet-level officials that have been nominated and note their military experience: – Gen. James Mattis – Secretary of Defense (retired Marine Corps General, U.S. Central Command) – Gen. Michael Flynn – National Security Advisor (retired U.S. Army Lt. General, former director of Defense Intelligence Agency) –… Read More