Fox Capital Partners: A source close to Trump’s campaign said that negative comments about Mr. Trump’s policies were based on flawed assumptions that have not yet been fully decided upon and that tax cuts and deregulation would provide the economy with greater stimulus when there is a slowdown in investment and industrial production in the US economy.
Liu Chen Wei, Chief Equities Strategist at Fox Capital Partners said, “Donald Trump needs to clarify his economic policies in the coming weeks and provide more accurate details about spending cuts and the plans he has for taxation. However, Mr. Trump has said voters don’t really care about his lack of policy specifics and ridiculed the Clinton campaign for the premature revelation of its policy initiatives.”
Moody’s proposed other circumstances that show more stifling effects on the US economy, given that Mr. Trump’s schemes are slightly toned down. They predicted that there may be slower economic growth but that the US will not tip into recession.
Fox Capital Partners projects that there would be a huge gulf between what he says he wants to do and what it will take to make the arithmetic work. Mr. Trump’s tax plan would lower tax rates across the board but his plan would cut federal revenues by $9.5 trillion and cost $10 trillion over the next ten years, even after factoring in much higher economic growth. Tariffs would raise ambiguity for businesses, which could easily lead to importers moving production to other countries and that his proposed crackdown on illegal immigration would leave many positions unfilled, particularly in industries such as agriculture.

About Fox Capital Partners
Fox Capital Partners is a successful, independent investment management practice established in Shenzhen City, China and headquartered in Shenzhen. Our highly-qualified professionals advise on a wide array of wealth accrual, preservation and portfolio management solutions aimed at affluent individuals and families in Asia and elsewhere.