SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ahhaha's ahs

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: sixty2nds9/26/2017 12:26:16 PM
of 24758
 
marketwatch.com

Trump gets kudos from billionaire Sam Zell

Published: Sept 26, 2017 12:01 p.m. ET

‘There’s been very significant change since Trump was elected in November, and change that is positive’

Getty
Sam Zell talks Trump.

By

SHAWNLANGLOIS
SOCIAL-MEDIA EDITOR

Donald Trump may be getting an earful about his “take a knee” fixation this week, but at least one billionaire is focusing on the president’s upside.

‘Bluntly, the only way I can square anything is I focus on what gets done, not what’s said. On a measure of what’s gotten done, I believe there’s been very significant change since Trump was elected in November, and change that is positive.’

That’s Sam Zell of Equity Group Investments explaining to CNBC on Tuesday why American corporations is willing to invest money on a longer-term basis now than it was during Obama’s “antibusiness” administration.

Specifically, Zell pointed to deregulation, tax cuts and massive infrastructure spending as strong business tailwinds.

“Just think that all of a sudden there are no industries that are piñata[s] of the president,” Zell said, using Obama’s campaign against fossil fuels as an example.

While he claims to be more optimistic now than he was six months ago, Zell, who chairs five NYSE-listed companies, also says investors need to be selective in this climate because we’re not in a “buy anything” market.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext