Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Macro

Trump’s Economic Plans: A Second Term Promise or Risk?

by Team Lumida
July 17, 2024
in Macro
Reading Time: 3 mins read
A A
0
text

Photo by Jon Tyson on Unsplash

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways:

Powered by lumidawealth.com
1. Trump plans to reduce corporate tax rates to as low as 15%.
2. Wall Street expects higher inflation under another Trump presidency.
3. Trump’s isolationist trade policies worry global markets and allies.

What Happened?

Donald Trump, eyeing a potential return to the presidency, shared his economic and foreign policy visions in an exclusive Bloomberg Businessweek interview. Trump aims to lower the corporate tax rate to 15%, drill more oil, and regulate less. He would maintain Jerome Powell as Federal Reserve Chair and possibly appoint Jamie Dimon as Treasury Secretary.

Amidst tight polls with President Joe Biden, Wall Street firms like Goldman Sachs and Morgan Stanley warn of higher inflation and economic shifts under Trump’s potential second term. Apple, Nvidia, and Qualcomm are concerned about the impact of Trump’s trade policies on their operations, especially regarding China.

Why It Matters?

Trump’s policies could significantly reshape the US economy and global trade. Lower corporate taxes and deregulation may boost certain sectors but could also increase the national deficit. His protectionist trade stance might spur inflation, affecting consumer prices. Trump’s unpredictable foreign policy, particularly towards China and Europe, could strain alliances and destabilize global markets.

Business leaders are apprehensive about the stability and certainty of Trump’s unorthodox economic strategies. As Trump himself stated, “Trumponomics equates to low interest rates and taxes,” which he believes will stimulate the economy but could also bring volatility.

What’s Next?

Investors should watch for Trump’s detailed economic policy agenda, which remains largely undefined. His proposed tariffs and immigration restrictions could lead to increased inflation and slower economic growth, as noted by Oxford Economics. The potential for renewed tax cuts, estimated at $4.6 trillion, raises concerns about the national debt and interest rates.

Trump’s stance on tech regulation, particularly his support for domestic crypto and his shift on TikTok, could influence market dynamics. As Trump navigates the election landscape, his policies will continue to sway market sentiments and investor strategies. Business leaders and global markets must prepare for the potential shifts in US economic and trade policies.

Source: Bloomberg
Tags: Donald Trump
Previous Post

US Chip Crackdown: New Trade Curbs Could Rock Global Markets

Next Post

GlobalWafers’ $4B Investment: US Chip Industry Gets Major Boost

Recommended For You

Trump’s U-Turn on China Buying Iranian Oil Sparks Confusion Amid Sanctions Policy

by Team Lumida
10 hours ago
Trump Announces 25% Tariffs on Mexico and Canada, Targeting Border Security and Trade

Key Takeaways: Powered by lumidawealth.com President Donald Trump announced on social media that China can continue purchasing oil from Iran, surprising oil traders and U.S. officials and potentially undermining...

Read more

Israel-Iran Conflict Revives China’s Interest in Russian Gas Pipeline Amid Energy Security Concerns

by Team Lumida
11 hours ago
Israel-Iran Conflict Revives China’s Interest in Russian Gas Pipeline Amid Energy Security Concerns

Key Takeaways: Powered by lumidawealth.com The Israel-Iran conflict has prompted China to reconsider the stalled Power of Siberia 2 gas pipeline project with Russia, seeking alternatives to Middle Eastern...

Read more

China Poised for Over 100 AI Breakthroughs, Ex-Official Predicts, Amid Growing U.S. Rivalry

by Team Lumida
2 days ago
China’s Bold Economic Moves: What You Need to Know Now

Key Takeaways: Powered by lumidawealth.com Former Chinese central bank official Zhu Min predicts China will achieve over 100 AI breakthroughs in the next 18 months, transforming its economy and...

Read more

Israel and Iran Agree to Ceasefire After Trump Brokers Truce to End Conflict

by Team Lumida
2 days ago
six fighter jets

Key Takeaways: Powered by lumidawealth.com U.S. President Donald Trump announced a ceasefire between Israel and Iran after escalating tensions and missile strikes from both sides. The truce was brokered...

Read more

Supreme Court Allows Trump Administration to Expedite Deportations to Third Countries

by Team Lumida
2 days ago
Supreme Court Allows Trump Administration to Expedite Deportations to Third Countries

Key Takeaways: Powered by lumidawealth.com The Supreme Court ruled in favor of the Trump administration, allowing the swift deportation of migrants to third-party countries without requiring meaningful notice of...

Read more

Shipping Industry on High Alert After US Strikes on Iran’s Nuclear Facilities

by Team Lumida
2 days ago
red and blue cargo ship on body of water during daytime

Key Takeaways: Powered by lumidawealth.com Greece has advised its shipowners to reassess passage through the Strait of Hormuz, citing heightened risks of Iranian retaliation following US airstrikes. Naval forces...

Read more

U.S. Urges China to Dissuade Iran from Closing Strait of Hormuz Amid Escalating Tensions

by Team Lumida
3 days ago
U.S. Struggles to Break China’s Grip on Critical Minerals as Syrah Resources Faces Setbacks

Key Takeaways: Powered by lumidawealth.com U.S. Secretary of State Marco Rubio called on China to leverage its influence over Iran to prevent the closure of the Strait of Hormuz,...

Read more

China Condemns US Strikes on Iran, Calls for Ceasefire and Middle East Peace

by Team Lumida
3 days ago
China’s Bold Economic Moves: What You Need to Know Now

Key Takeaways: Powered by lumidawealth.com China strongly condemned the US airstrikes on Iranian nuclear facilities, stating they violate the UN Charter and international law while escalating Middle East tensions....

Read more

Trump Signals Two-Week Delay on Iran Strike to Explore Diplomatic Options

by Team Lumida
6 days ago
Fed Official Warns of Inflation Risks Under Trump Presidency

Key Takeaways: Powered by lumidawealth.com President Trump announced he will decide within two weeks whether to strike Iran, signaling a pause to allow for potential diplomatic negotiations. Israel has...

Read more

Canada Imposes Steel Import Curbs to Counter Fallout from Trump’s Tariffs

by Team Lumida
6 days ago
flag of Canada

Key Takeaways: Powered by lumidawealth.com Canada is introducing import quotas and considering higher tariffs on U.S. steel and aluminum to protect its domestic metals sector, destabilized by Trump’s 50%...

Read more
Next Post
a computer processor with the letter a on top of it

GlobalWafers' $4B Investment: US Chip Industry Gets Major Boost

a flag flying in the wind with a blue sky in the background

Why Chinese Investors Are Going All-In on Saudi ETFs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

China ETFs Outshine Active Funds with 40% Annual Rise

China to Inject $55 Billion into Major Banks as Part of Economic Stimulus

February 26, 2025
Microsoft’s Blue Screen of Death: What You Need to Know

Microsoft Dominates AI Chip Market with Record Nvidia Purchases

December 18, 2024
China ETFs Outshine Active Funds with 40% Annual Rise

Wall Street Soars: Rate-Cut Hopes and China News Drive Markets

September 26, 2024

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018