I know politics is a touchy subject mostly avoided by many personal finance writers. And with President Trump in office, there is even more to make many uncomfortable. But just because something is uncomfortable to discuss doesn’t mean it should be ignored.
Politics is a factor in everything that happens around us and that’s especially the case in business and finance.
As an example, just look at the performance of the stock market since the election.
With the expectation of corporate tax cuts and deregulation under the new administration driving an anticipated increase in corporate earnings, we’ve seen a significant run-up in stocks that few saw coming.
And whether you support the new President or not, it benefits you to at least try to understand why he acts like he does.
Along this line of thinking, I came across this article written by Brian Hamilton, co-founder of Sageworks.
The article provides an unbiased, analytical view of President Trump and explains his actions and underlying motivations in terms of an entrepreneur rather than a politician.
Again, no matter which side of the political spectrum you support, it’s always best to better understand those in a position to influence your financial well-being.