Effect of Trump's Economic Policies on Interest Rates

[Tim Porsche]

Hi All,

Just curious to get your opinion on what effect (if any) Trump's economic policies he has outlined would have on interest rates? Also what effect do you see them having on housing prices in general, as well as the overall rental market? 

If (big IF) we do really see very strong economic growth in the next few years, this would make interest rates rise, correct?

[Tim Porsche]

Hi Russell,

Thanks for your reply. Not to be a contrarian, but what market indicators do you look at that indicate strong market growth over the past eight years? I know the stock market has gone way up, but there are reasons for this not related to actual market growth from what I understand (quantitative easing for one). Over the past eight years for the first time in American history GDP growth has not risen above 3%. Also since 2008 the labor participation rate has been steadily dropping up until 2016 when we've started to see somewhat of an improvement finally. Please see chart below.

http://data.bls.gov/timeseries/LNS11300000