banner2
banner5
banner3
Step one: Boost government spending on infrastructure.

What Trump should do first to grow the economy

Donald Trump vowed to give Americans "the strongest economy anywhere in the world" in his victory speech on Election Night. Now he has to deliver.

Step one: Boost government spending on infrastructure.

Both Trump and his Democratic rival Hillary Clinton campaigned to spend more on fixing America's roads and bridges (among other infrastructure projects). Plenty of experts called it their best economic idea.

"We will rebuild our infrastructure, which will become second to none," Trump reiterated in his big speech.

Wall Street and business leaders cheered then and are voting with their money now. Steel and construction company stocks jumped Wednesday. Many hope infrastructure is the first item on his economic "to do" list.

"We think the opportunity for a bipartisan bill on a multi-year infrastructure project is ripe for passage," says economist Joseph Bruselas of RSM, an accounting and tax firm.

"We expect [Trump's] priorities will be infrastructure spending and tax cuts," echoed Janus Capital Group.

In short, infrastructure is a win-win for Trump. It's a way to extend the olive branch to Congress as well as pump more money into the economy to create more jobs and stimulate growth.

The Business Roundtable, a business lobbying group, hailed Trump's "pro-growth policies" on Wednesday morning. The group said infrastructure spending and tax reform are two policies that business leaders "fully support."

"My guess is a $500 billion package," says David Kotok, chairman of Cumberland Advisors in Sarasota, Florida. "With a [Republican] Senate and House, he can get it passed."

Doing a bit more government spending on infrastructure is also likely to please the Federal Reserve. Trump slammed Fed chair Janet Yellen on the campaign trail, but Yellen and other Fed policymakers have been calling on Congress to do more fiscal stimulus since the Fed is nearly tapped out on ways it alone can try to increase growth and employment.

"We think the message of this election is that America demands stronger economic growth," wrote David Bianco of Deutsche Bank. He sees the election as a "'make growth priority one" mandate.

Whether infrastructure spending is able to double economic growth, as Trump wants, remains to be seen. Some like Doug Holtz-Eakin of the right-leaning American Action Forum warns that it is a just temporary infusion of cash into the economy. Finding true "shovel ready" projects was also a challenge in 2009 when President Obama and Congress tried to increase infrastructure spending during the Great Recession.

In the best case scenario, the infrastructure cash injection spurs more companies to spend. But it could also have the effect of lifting growth for a few quarters and then slip back to themediocre growth of 1.5% to 2% that America has been stuck at lately.

But moving quickly on infrastructure would likely ease a lot of the business world's concerns about Trump's more extreme views on trade and immigration.

"Though Trump has been on the campaign trail for some two years, he still remains a staggeringly enigmatic person," writes Bernard Baumohl, chief global economist at The Economic Outlook Group.

Terms and Conditions

Terms and Conditions

Your access to and use to this website and the services contained therein (“Website” and “Services“, respectively) is subject to these terms and conditions (these “Terms”). By using this Website you (also: the “User“) agree to be subject to the Terms, which form a binding legal agreement between you and https://signalspremium.com/ (hereinafter “We” or “Us”).

We can, at any time, amend these Terms by posting a revised version on the Website. It is your responsibility to keep up to date on any such modifications, and your continued use of the Website and/or the Services will be your acceptance of any such modification. If you do not recognize the provisions of these Agreements, in their current form or as may be changed from time to time, your sole and exclusive recourse is to discontinue your use of the Website and the Services.

We do not, and do not, send you investment advice at any time, offer you to trade in financial instruments or provide you with any other investment services. Every information shown on the Website or otherwise given by us is offered as general information only and is not financial advice or personal recommendation. Such information does not take into account your personal circumstances, your financial condition, your investment goals or your needs. They also may not determine the suitability and appropriateness of any investment to you, and can not reflect whether it is genuinely acceptable or relevant to you.

Before making any investment or receiving any financial services from any person, you should consider carefully the suitability and suitability of such investment or services to your personal circumstances and needs, the merits of the relevant investment or service providers, and the applicable laws applicable to them. You will get independent and competent advice where appropriate, including but not limited to legal, tax, and financial advice.

You acknowledge and represent that any decision or action you take in connection with any investment or service is made on the basis of your own assessment of the merits or the relevant investment, strategy and service provider and we shall not be responsible or liable in any way for such decision or action you have taken. Nothing on the Website or the Services will replace your own evaluation, research and due diligence.

THE RISKS INVOLVED IN TRADING FINANCIAL INSTRUMENTS ARE VERY HIGH, YOU MAY LOSE YOUR ENTIRE INVESTMENT. DO NOT TRADE IN ANY FINANCIAL INSTRUMENTS IF YOU DO NOT UNDERSTAND, OR CANNOT AFFORD TO AKE, ALL RELEVANT RISKS. YOU SHOULD CAREFULLY ASSESS WHETHER YOUR FINANCIAL SITUATION AND TOLERANCE FOR RISK IS SUITABLE FOR TRADING IN ANY FINANCIAL INSTRUMENTS.

From time to time, we may authorize third parties to advertise their products or services on the Website, provide access to such products or services, or provide other information to our users about such third parties and their products or services. We may obtain compensation from third parties for the promotion of their services and products, whether or not such compensation is related to the amount of our users who use those services or products (or to the revenue produced by those third parties in connection with it). You are in no way obligated to buy all such services or goods that are provided by third parties via our Website, and your use of the Services is not dependent upon this. Any advertising, marketing materials, ties, etc. relating to the products or services of any third party does not constitute our approval thereof, and we shall bear no responsibility for purchasing the products or services of such third party in accordance with your preference.

We can not and will not open a trading account with any such third party to you, gain access to your trading accounts, or methods of payment. We can not and do not take any action either on your behalf or in your position, including but not limited to authorizing any transaction on your behalf or making any payment in or out of your trading accounts. Any and all trading activities shall be carried out by you alone at all times, with the relevant third-party service provider, website or platform that you are using, and shall not involve us in any way whatsoever.

YOU ARE SOLELY RESPONSIBLE TO ASSESS AND DETERMINE WHETHER ANY SERVICE PROVIDER, INVESTMENT TYPE, FINANCIAL INSTRUMENT, TRADING TECHNIQUE, TOOL OR STRATEGY IS SUITABLE FOR YOU. ANY SUCH DECISION SHALL BE MADE BY YOU, ACCORDING TO YOUR OWN JUDGEMENT, AND AT YOUR RISK. BY USING THE SERVICES YOU IRREVOCABLY WAIVE AND RELEASE US (AND OUR AFFILIATES, DIRECTORS, OFFICERS, EMPLOYEES AND REPRESENTATIVES) FROM ANY CLAIMS IN THIS REGARD.


Disclaimer of Warranties and Liabilities

Via our Services, we have a very wide range of information and comments. As a result of our staff’s diverse opinions, they may, from time to time, take action or issue recommendations regarding specific securities that are different from those taken or issued by other staff members, published on the Website or otherwise made available through our Services.

We do not guarantee that the material contained in our Services is complete or reliable, or that it is useful for any specific reason. And while we have the hardest-working, most talented techies in the business, we make no guarantees that you can receive our content or any of the Services on an uninterrupted, timely, safe, or error-free basis. We’re actually making no promises or assurances except that we’re going to do our best to provide interesting and helpful information, education, and entertainment. Nonetheless, we reserve the right to be incorrect.

What does all of that mean now? You accept that under no circumstances shall we, our associates, owners, administrators, workers or members, be liable to you or any third party for any direct, indirect, incidental, consequential, punitive or other damages resulting from your use of the Website and the Services or arising out of or in accordance with these Terms or the Privacy Policy, even if we have been advised This includes, but is not limited to, loss or damage caused in whole or in part by our negligence or by staff outside our control in the formation or delivery of any of our Services. Accordingly, you specifically agree to indemnify us and our associates, officers, directors, employees or representatives from all lawsuits relating to these damages, and you irrevocably and unconditionally pledge to indemnify us and our associates, officers, directors, employees or representatives for any costs that we might incur as a result of any such lawsuits, whether brought by you or by yourself.

EXCEPT WHERE OTHERWISE INAPPLICABLE OR PROHIBITED BY LAW, THE WEBSITE AND PRODUCTS AND SERVICES CONTAINED AND OFFERED ON THE WEBSITE ARE PROVIDED “AS IS” AND ON AN “AS AVAILABLE” BASIS. NEITHER WE NOR ANY OF OUR PARTNERS MAKE ANY WARRANTY THAT THE QUALITY OF ANY PRODUCTS, SERVICES, INFORMATION, OR OTHER MATERIAL PROVIDED THROUGH THE USE OF OUR SERVICES WILL MEET YOUR EXPECTATIONS OR THAT AND ANY ERRORS WILL BE IMMEDIATELY CORRECTED. NEITHER WE NOR ANY OF OUR PARTNERS MAKES ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, WITH RESPECT TO OUR WEBSITE, ANY CONTENT, OR ANY OF OUR SERVICES, TOOLS, PRODUCTS, OR PROPERTIES. YOU ACKNOWLEDGE THAT WE MAKE NO WARANTY OR REPRESENTATION AS TO EXPECTED FUTURE PERFORMANCE OR PROFITABILITY, AND YOU EXPRESSLY AGREE THAT YOU WILL ASSUME THE ENTIRE RISK INVOLVED IN TRADING IN FINANCIAL INSTRUMENTS, AND ANY SUCH TRADING DONE BY YOU IN RELIANCE ON ANYTHING IN THE WEBSITE OR SERVICES.

SignalsPremium™ team works very hard to provide the best possible signals for its registered users. SignalsPremium™ cannot guarantee the users and profits or losses by using the system and acting upon the signals provided. No information on this website should be considered as a promise to make money. The win potential and results of trading are the trader/user responsibility alone and his broker of choice. SignalsPremium™ does not take responsibility on any trader and/or broker on the website and outside it. In order to gain success in all types of trading, many variables must take place, SignalsPremium™ provide only one opinion and variable out of many. the information provided should never be referred as 100% success. There is no guarantee that you can replicate the success that shown on this web site or in that matter any other SignalsPremium™ user that may or may not recommended this website to you. All the information displayed on our website, including the signals, is based solely on our opinion. We should not be referred as an investing or finance advisers. Any capital invested by you is at risk.

Please publish modules in offcanvas position.