Investing
Wall Street Predicts Trump's Day One Policies - Some Could be Huge for Stocks
Published:
24/7 Wall St. Insights
The last four years have been one of the most challenging periods for citizens of this great nation since the Vietnam era. This started with a hotly contested presidential election in 2020 marred by riots across the country in the summer of that year. Many Americans currently feel divided and sense that the damage inflicted over the last four years may be irreparable.
The United States has endured countless difficult periods since 1776, and there is no reason to think that these tough times can’t be tamed as well. With President Biden stepping away from running for a second term, this is the first time an incumbent has declined to run since Lyndon Johnson did in 1968; the stage could be set for an epic battle in the fall.
Since most pundits and political observers feel that the policies of a Kamala Harris administration would likely mirror those of the last four years under President Biden, we were very interested to see what top Wall Street strategists felt about Donald Trump’s direction in the future as he attempts to be the first President since Grover Cleveland to win a second term, after being out of office for four years.
Jefferies Dr. Aniket Shaw, the firm’s Managing Director and Global Head of Sustainability and Transition Strategy, recently released a list of ten policies he and his team feel could lay the groundwork for a second Trump administration. With 220 executive orders in his first term and some significant disagreements between the former President and the current administration on the country’s direction, some of the policies could very well be implemented on day one.
Regardless of where you stand politically, this year’s election will have ramifications for the country for decades. Here are Jefferies’s ten potential policies with some added color to look for if Trump wins back the White House.
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