Trump Switches to the Independent Party for 2020 Election
No, you haven’t fallen asleep for 3 years and woken up to the crazy headline above. It’s just a dream…or is it?
Donald Trump never thought he would have such a hard time getting legislation passed, especially the basics of his party such as healthcare and tax reform. He’s clearly frustrated and it’s showing. Have you noticed that his constant attacks are no longer against the democrats but are now on the republican leadership, his own party!
This isn’t normal. It looks to me, (take a deep breath) like he might be positioning himself against the republicans in the next election. You heard me right; he’s preparing to run as a 3rd party candidate in the 2020 election.
Don’t laugh, scream or cry-it’s possible!
Given that, what is he likely to do to prepare for that?
One of his main policy agendas was to spark economic growth by borrowing $1 Trillion and spending it on the nation’s infrastructure, repairing badly damaged roads, bridges, tunnels and airports.
Without being able to get any legislation passed, what is the one thing he can still control? Interest Rates.
How can he do this? By picking a super accommodative Federal Reserve Governor to replace Janet Yellen.
If this happens, then an about face in investment strategy may be in order. What we would soon see is the equivalent of QE4! Even lower interest rates, which would help the stock market (well, certain sectors anyway).
The key is to be prepared for whatever the market throws at you, especially those planning for retirement. Build your master plan to make money in any market so you get the best returns with the least risk possible. Or as I like to say, “Invest for need, not for greed”.
Also, make sure your portfolio is Tactically managed. Never Passive with a “buy-and-hold”, AKA, “buy-and-hope” strategy. Be the expert or hire one and work with a Retirement Advisor that understands what it takes to be successful and tax-strategy wise.
Feel free to contact me with any comments or questions.