Withum Launches “Trumponomics Think Tank”
Withum’s highly credentialed Think Tank team will provide expert commentary and projections regarding the latest developments in these and other related areas of specialization pre- and post-inauguration.
Different Thinking for Different Times
“It’s a bit early at this point to estimate the impact of a Trump presidency on the economy as we try and understand where campaign rhetoric and reality intersect. With that said, there is reason to be optimistic that proposed tax reform and infrastructure investment (if well thought out) would be positive for the economy over the medium and long term. How things play out with respect to trade is also something we will be watching closely,” said Jason Kunkel, CFA, CBE, FRM, Withum’s certified business economist.
“We expect the combination of a firming labor market and a pro-growth, pro-business agenda will likely lead to a steady increase in the cost of money. Unlike yields in Europe and Japan, which have been negative for some time, U.S. interest rates remain positive and are moving higher. Furthermore, we would not be surprised to see negative real-rate differentials that currently exist to rapidly decline by late 2017/early 2018 as short-term rates catch up to the rate of inflation,” said Jim Ferrare, CFA, CPA, president of PWM Advisory Group, the firm’s investment advisory affiliate.
“Although I do expect changes to the Affordable Care Act, I don’t believe the Act will be repealed in its entirety. Certain provisions will likely be repealed while others, such as pre-existing conditions or coverage of dependents to age 26, are anticipated to remain intact. If the new Administration does repeal provisions of the Act, it will likely be done gradually and not overnight,” said Tony Panico, CPA, Withum partner and practice leader of the firm’s Healthcare Reform Advisory Services.
Members of Withum’s “Think Tank”
Bill Hagaman, CPA, CGMA, Managing Partner, CEO
Bill Hagaman, CPA, CGMA, Withum’s managing partner and CEO, who specializes in merger and acquisitions and international business. firstname.lastname@example.org
Tony Nitti, CPA, MST, Partner, Forbes.com Contributor
Tony Nitti, CPA, MST, Withum tax partner and a highly regarded Forbes.com columnist covering tax policy and key court decisions. Nitti also is a nationally recognized author and educator of tax policy who was a member of a collaborative engagement team to review candidates’ tax returns and tax plans on behalf of Bloomberg. email@example.com
Dave Springsteen, CPA, CGMA, MBA, Partner, Practice Leader, Tax Services
Dave Springsteen, CPA, CGMA, MBA, a Withum tax partner and practice leader of the firm’s National Tax Services Group. In this role he oversees all federal, state, local and international tax matters for business entities, individuals, trusts and estates at the firm. Springsteen has affiliations with finance leaders around the globe who can offer thoughts on changes to international policy. firstname.lastname@example.org
Tony Panico, CPA, Partner, Practice Leader, Healthcare Reform Advisory Services
Tony Panico, CPA, is a Withum partner and practice leader of the firm’s Healthcare Reform Advisory Services. He addresses how employers will be affected by changes to the Patient Protection and Affordable Care Act. email@example.com
Jason Kunkel, CFA, CBE, FRM
Jason Kunkel, CFA, CBE, FRM, is Withum’s certified business economist who analyzes economic data to develop forecasts on a wide variety of issues, including energy costs, inflation, interest rates, exchange rates, business cycles, taxes, and employment levels. firstname.lastname@example.org
Jim Ferrare, CFA, CPA, President, Withum’s Wealth Management Team
Jim Ferrare, CFA, CPA, is the president of PWM Advisory Group, the firm’s investment advisory affiliate that manages investable assests on behalf of high net worth clients. He is an innovative thinker with an original perspective on investment trends and the stock market. email@example.com
Tony Sardis, JD, LLM, President, Withum Insurance Advisory Services
Tony Sardis, JD, LLM, president of Withum Insurance Advisory Services, the insurance affiliate of the firm. He possesses deep expertise in insurance strategy development for employers of all sizes as well as high-net-worth individuals. firstname.lastname@example.org
The views and opinions expressed in the articles and quotes shared are those of the authors and do not necessarily reflect the political position or views of WithumSmith+Brown, PC.