Emilio Bangit No Comments

November 2016 Snapshot – Donald Trump elected President of the US

November 2016 Snapshot – Donald Trump elected President of the US

After a seemingly long and difficult campaign Donald Trump has been elected president of the United States with the Republican Party likely retaining control of the House, and probably the Senate, in Congress. Just as we saw with the Brexit vote, the combination of rising inequality, stagnant middle incomes and the disenchantment of white non-college educated males has seen a backlash against the establishment and helped deliver victory for Trump. This note looks at the implications.

Key points

– Donald Trump’s election as President of the United States risks ushering in a period of policy uncertainty which could cause further share market weakness in the short term.
– Australia and Asia generally are particularly exposed to this given the high trade exposure regionally.
– Trump’s victory is a negative for “risk assets” like shares and the $A in the short term – but if he becomes more pragmatic as President, any short term weakness will provide a buying opportunity.

november-2016-snapshot-donald-trump-elected-president-of-the-us

Emilio Bangit No Comments

Intergenerational Wealth – October 2016 Newsletter

Intergenerational Wealth – October 2016 Newsletter

Welcome to the latest edition of our client newsletter, Our articles cover a range of topics which we hope you will find interesting. We aim to keep you informed of changes as they happen, but we also want to provide ideas to help you live the life you want – now and in the future. In this edition we discuss Government pulls back on proposed changes to super and provide you with information on do parents make good employees and is your insurance overdue. If you would like to discuss any of the issues raised in this newsletter, please don’t hesitate to contact us. In the meantime stay safe and we hope you enjoy the read. All the best, Emilio and the team at Intergenerational Wealth

intergenerational-wealth-october-2016-newsletter