By James Rickards
Now that Trump is on his way to the White House as the 47th president, it’s not too soon to start building a portfolio that will outperform the stock market in the early years of the new Trump administration.
This kind of active asset allocation requires close attention to prospective policy details and their possible impact on specific business models. Not all stocks will perform well under the new administration. Some will perform brilliantly.
Let’s first review the likely Trump policies and then consider their impact on certain stocks and sectors.
The Revival of the American System
Under the guidance of Trump advisors Robert Lighthizer (former U.S. Trade Representative) and Peter Navarro (former Director of the Office of Trade and Manufacturing Policy), Trump will pursue a twenty-first-century version of what was originally known as the American System.