All Posts Tagged: President Trump

U.S. Outlook: Trump tax plan grabbing headlines

Scott Anderson
Chief Economist

This week top Trump officials and congressional Republican leaders released a nine-page framework on tax reform on which they agree.

Capitol building, mostly the dome, in morning sunlight.There are still too many unknowns to get a clear read on winners and losers, or how much of negative impact the tax cut package is likely to have on the federal debt.

For more on this, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on Sept. 29.

Key observations:

  • Under the current plan most wealthy households and nearly all U.S. businesses — small and large — will see substantial tax cuts.
  • Businesses will also be able to write off their investments right away instead of incrementally over several years.
  • The plan also calls for reducing the numbers of personal income tax brackets from seven to three, with three tax rates of 12%, 25%, and 35%.
  • Can we boost the U.S. economy’s growth rate enough to pay for the tax cut? Not likely.

 

Click here to read my full report. 

 

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U.S. Outlook: Why 3.0% GDP growth looks like a long shot

Scott Anderson
Chief Economist
Graph showing recent dip in labor force growth.

President Trump talks about returning the United States to 3.0% GDP growth or better, and it’s baked into his FY 2018 budget plan to reach that milestone by 2021.

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Investment Insights: Stocks stay resilient as controversy rises

Wade Balliet
Posted by Wade Balliet
Investment Strategy
Offshore oil rig in the distance, surrounded by open ocean with a faint sunset in the background.

Our team believes geopolitics has taken center stage for financial markets and will likely be the main influence of direction over the short term.

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U.S. Outlook: Intrigue hijacks the policy agenda; risk on the rise

Scott Anderson
Chief Economist
Graph showing rise of President Trump

Beyond this quarter, the economic and policy outlooks are becoming cloudy again.

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Investment Insights: Inking the Inauguration

Wade Balliet
Posted by Wade Balliet
Investment Strategy
Crowd of gloved hands raising a few American flags with the Capitol looming in the distance during an Inauguration Day event.

President Trump’s actions will have strong effects on production and trade for the U.S. on a worldwide scale.

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