Heron Wealth

View Original

Trump as 'supreme ruler' and 'attractive'? Advisers react to long, historic speech

The negative and foreboding tone of Mr. Trump's speech, which repeatedly mentioned the theme of "law and order" and America being unsafe and financially worrisome, bothered some financial planners.

It seems misleading that his “end of the world as we know it” speech doesn't mention that the stock market is up 180% since its low point in 2009, said David Edwards, founder of Heron Financial Group.

When he discusses Mr. Trump with clients, he tries to highlight how the markets are doing well, and points out that the nation's budget deficit, which had surged under President Barack Obama because of the economic crisis, is now returning to a point where a balanced budget is in sight.

“For Mr. Trump not to mention these things feels like a lie,” Mr. Edwards said.

Read the full article at InvestmentNews: