I've spent years getting myself in a situation that is insulated from changing political landscape. I've made more than I've needed to live for a long time and spread that excess investing and savings around a large variety or vehicles. None of Trumps proposed regulatory or economic proposals would effect my portfolios all much, but I'm expecting a slight bump if he actually follows through on a few of his points.
Robust tariffs on Chinese imports might hit a few spots, but a reduction in corporate tax rates he's proposed would likely have the opposite effect. As much as he has publicly stated at disapproval of Amazon of Jeff Bezos, lowering the corporate and income tax rates would be a boon for both. He's not taken a public stance on capital gains, but I expect there will be pressure from congress. Negotiating a return of offshore cash back into the US would be huge and possibly the biggest part of his legacy if he can pull it off.
He's going to have a hell of a time getting the the GOP members of congress to approve protectionist measures; their bread has been getting buttered for too long by those interests to change overnight. They Keystone XL project will probably get pushed though now however.
I'm tentatively optimistic about his statements concerning cronyism in the FDA blocking innovation, but not enough yet to alter any of my positions in that market. Its possible that their could be huge gains investing in a current "loser" in the medical/pharma industry right now who's been the victim of said cronyism blocking a truly great innovation. That whole system is so dysfunctional right now though, I doubt anyone can really foresee accurately. If he actually prioritizes this early, I expect moves by major VC and investment aggregates.
The culture change stuff that many on this forum are so very excited about, I think you'll be disappointed. Donald Trump is less an agent of change than a symptom. He is the crest of a wave that he didn't build as much and he noticed it and climbed to the top of. He is like a human Rorschach drawing; people see what they want to see in him. I'd advise the enthusiastic Trump supporters to actually read his books and interviews from before he started running for office.
Also, if you haven't, read is actual platform statements here:
https://assets.donaldjtrump.com/_landing...actv02.pdf
A few I find noteworthy.
*Six measures to clean up the corruption and special interest collusion in Washington, DC:
All of these are going to be hard. He has to get the congress members from both party to agree to give up the lucrative post-congress careers they were expecting when they ran in the first place. I expect him to pretend to be serious about these but later drop them as a bargaining strategy for other issues. He's a world class bargainer, he's likely intended this from the beginning.
*Seven actions to protect American workers:
Nafta and TPP repeal will be tough. I think he has a juice to do it, but it'll be a fight. Both of these have the potential to immediately effect the standard of living for average Americans by increasing the cost of consumer goods. We would eventually find a new equilibrium, but the "Buy American" constituency is no more prepared for the actual cost of American made goods than anyone else.
The "foreign trading abuses" stuff is so vague its useless to speculate on, read his books for his actual stance on these (hint: Manhattan Billionaire)
The energy stuff he has a fair chance of getting his way on, but is again terribly vague. Keystone will probably see movement, Obama was the major hurdle there, especially if the price of oil rises again in the short term.
The climate change payments to the UN I don't know enough about but it sounds fascinating.
*The Middle Class Tax Relief and Simplification Act:
A determined president could spend an entire 8 year Presidency working on this and get half of it done, if they are lucky. It sounds awesome on paper if you don't know how much lobbying power you are encountering. I'm not talking about lobbying opposition either. The middle class rate reduction is easy, he can get that if he is serious. But the idea of opening up the Books for "massive tax reduction and simplification, in combination with trade reform, regulatory relief and lifting the restrictions on American energy." will have every Special Interest that ever was, fighting tooth and nail to lobby that their particular niche of the economy needs the most "reduction and simplification", doing everything in their power to isolate their interests from as much tax for as long as possible. Tax policy isn't just a series of sliders you can turn up and down like in SimCity, its thousands of pages of Special Exemptions and protections and earmarks and other considerations fought long and hard for by very well funded interests. He has a chance to leave an incredible legacy here if he really can "simplify" the tax code. Good luck Donald Trump.
The School Choice stuff and Obama Care, he'll probably get his way there. Most of the actual problems with The Affordable Care act are completely unknown to its opponents; they just want to shit on Obama's legacy. They are right, but for the wrong reasons.
Immigration will be interesting. It was huge part of his campaign and he continues to speak about it post victory. I actually expected him to dial back on that one hard. Whatever happens, it should be interesting to watch. An increase in H1Bs would be nice (for my personal economic interests, that is the topic of the thread despite my huge digression into policy)
The rest of the platform is terribly vague or simply reiterates previous entries.
td;dr How will Trump's win improve your life? Expecting a modest bump in my investment portfolios. I also really enjoy the terribly smart people on the TV struggle with their cognitive dissonance, but we probably only have a few more months of that. I am curious to see if he follows though on his promise to instruct the DOJ to prosecute Hillary. I doubt he will, be he's surprised us all many times. A cultural trend toward holding politicians and government employees (read: police and agents of the court) responsible for their misdeeds would be a sea-change in American thinking. The Equal Protection Clause of the 14th amendment has been toilet paper for decades.