Texas Insider Report: AUSTIN Texas To coin a phrase there is a new Sheriff in town with Donald Trump and change is not in the wind it is here Texas banking consultant & economic analyst Marc Flaster tells Insiders Jim Cardle.
I assure you as we sit here by June of next year we will be able to talk about lots and lots of positive economic things that are going on... and not just here in Texas but all over the country. The shackles on opportunity are coming off Flaster says.
Now that Donald Trump has become the President-Elect we will be hearing a lot of interesting speculation from both sides.
For the moment the soul searching by the media for having missed the boat has dominated the news. But putting aside the teeny-bopper coordinated protests and demonstrations and reports of a shortage of crying towels in New York City & Hollywood the reaction in the stock and bond markets are calling out for attention.
Weve had eight years and even more if you want to be honest of a political system thats frustrated investors and the markets by imposing severe severe regulations said Flaster.
Texas itself is not as dependent upon oil & gas as it was back in the 1980s and it does have a diversified economy. Even during the recently hard economic times for instance there was a net in-migration to Houston.
So just to leave you with one final thought Donald Trump did an interview with The New York Times the other day and while he took issue with the way theyve treated him during the campaign his parting comment was I hope that when we have this interview next year youll be giving me praise rather than criticism noted Flaster.
