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Hello, I’m Richard Wilson, and I’m coming to you from a tax investment conference here in Hawaii. I've been talking with many of my clients, including ultra-wealthy family office managers, and we’ve had some interesting discussions about what it means now that Donald Trump is going to be the next president. I wanted to share some of those insights with you in this video.
I’m not a political expert or an economist, but based on my conversations with family offices, investors, and founders in my network, I want to give you a snapshot of what I’m hearing from them about what we can expect under Trump’s presidency. In other words, this is what 80% of the investors I talk to are predicting for the economy and different industries now that Trump has been voted in.
What’s likely to improve under Trump’s presidency: Cannabis, psychedelics, oil and gas, energy, and U.S.-based manufacturing are expected to see growth.
Business owners and founders will likely benefit from lower taxes, which will allow them to reinvest more in their businesses and the economy.
I also think the real estate market will improve, with less volatility and less risk of a market collapse due to the economic growth that’s anticipated.
What could face challenges: If Trump lays off a significant portion of federal employees—whether 25%, 50%, or more—it could have an impact on spending, despite severance packages. This could affect the broader economy.
There’s also concern that Trump’s aggressive trade policies and tariffs might lead to inflation.
What I’m hearing from investors and business leaders: One point Elon Musk raised, which has come up in several investor conversations, is that the U.S. government has over 400 federal agencies. We've only been around for 200 years, so every year we've created two new government agencies. Musk calls them "brake pedals" that slow down economic growth. Many believe removing these barriers and adding "gas pedals" will lead to more entrepreneurship, more jobs, and better opportunities in the U.S.
There’s also a lot of hope that Trump’s leadership could encourage more entrepreneurial opportunities. However, some investors are concerned about the impact of AI replacing jobs and the potential for mass government layoffs.
Other key topics I’ve been hearing: Big pharma and big food companies are under increasing scrutiny. There’s a push for healthier products, with some hoping that we’ll see fewer chemicals in our food and more natural ingredients.
Many investors are also worried about growing censorship and the potential loss of free speech. Some of the founders I’ve spoken with switched to supporting Trump because they believe he’ll protect our ability to speak freely and explore the truth.
I also want to mention that many Republicans who were hesitant to support Trump in the past may now see him as the best option, especially with Elon Musk’s support and his principle-based approach to leadership. Even those who don’t agree with everything Trump says recognize the importance of supporting policies that will protect free speech and promote economic growth.
As an investor community, we do want to encourage business owners and investors to think critically about the potential impacts of these political shifts on their businesses, portfolios, and industries. How should we adjust our strategies and position ourselves moving forward with Trump as president?
Thanks for watching, I look forward to shaking many of your hands at our annual investor summit next month where you can connect with 250+ investors and hear from more ultra-wealthy investors on stage than any other event held anywhere globally in 2024 or 2025.
Shoot me a text at (305) 333-1155 if you want to learn more.
#trumpeconomy #trump #inves