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May 8, 2017

Is Trump to blame for a Notary slowdown?

Filed under: Marketing Articles,Popular on Facebook (very) — admin @ 8:29 am

If you ask Carmen, Trump is to blame for just about everything. But, my broker has a very interesting opinion. The public has faith that Trump will cause a rise in the economy and business. Businesses will be borrowing more, doing more, and banks will have more freedom. Already rates have risen a little bit. And when interest rates rise, the economy does better (or vice versa), but Notaries get less Refinances. Hmmm. So, do we win or do we lose with higher rates.

Conversely, since I’ve been in this industry for a while, I’m not intimidated by higher interest rates. This is because I know that what goes up must come down, and when it comes down, 123notary will get a flood of new business and revenues!

Additionally, if Trump taxes imports from China and other countries, that means that the dollar will gain value. Additionally, if the result of taxing imports causes recessions in other countries, foreigners will invest more in the dollar causing another gain in the dollar. This means lower oil costs, a decrease in the price of gold, and other economical changes.

In the long run, we might have a bull market for a few years. But, Trump or no Trump, the world is headed towards an economic collapse as too many governments have maxed out their credit cards. When the crash comes, we might have negative interest rates or really low rates. People will finally be able to refinance, but God only knows if there will be jobs then. Hmmm.

In the mean time, my advice doesn’t change. Be at the top of your game and don’t worry about the market. It goes up and down and nothing stays the same. Just do your job and make American Notaries great again!

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  1. Trump is immoral and a disgrace to this Great Nation. If you or I did what has done we facing prison or treason charges. I can’t believe I voted for this slime. I have young daughter, It a shame that she see immoral man activities. May God save this country.

    Comment by Darryl Connor — April 16, 2018 @ 8:40 pm

  2. Trump is NOT the problem. He is the only President of the USA not owned by anyone, democrates,republicans or corporations. He is a Godsend to our country. The bias in the media and the government is disgusting. The proof of corruption from all the above is frightening. The cover ups for the last 20 yrs.have been eye opening. Trump is protecting our country as we should have expected from the past administrations. The truth will come out.

    Comment by Bea — February 4, 2019 @ 8:59 pm

  3. It is important to remember that interest rates went back up beginning 2016 way before Trump was even elected. Now interest rates are coming back down and business has picked back up again.

    Comment by JOY OLSEN — November 18, 2019 @ 9:03 pm

  4. Well, Darryl, I don’t see anyone complaining about the stock market surge or the low unemployment rate or the decrease in interest rates. And, what about the immoral acts of the Clintons? Would she have been a better President? Your daughter will absorb the values taught by her parents. Respect, loyalty and commitment.

    Comment by Linda B — December 2, 2019 @ 3:42 pm

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