The biggest election upset in modern American history was one that virtually every polling organization got dead wrong.
But I'm not a political analyst. My job is to put the very best investments in tech squarely in front of you.
The way I view it, we're likely to see U.S. and global markets reel through at least some instability for the next week or so as Tuesday night's result sinks in. Wall Street hates uncertainty, and that's precisely what we seem to have now.
I believe that instability is masking a huge new opportunity, one that might not have existed before Tuesday.
Let me show you what I mean…
Look for a Huge Boost in Defense Spending
There is little doubt that under a President Trump, the U.S. military will go on one of its biggest growth periods in decades.
In fact, we can think of his election as a bona fide mandate for more defense spending.
Forget about the Bill Clinton peace dividend. Forget about wartime footing under George W. Bush. And certainly forget about our walking away from the role of world's policeman under Barack Obama.
President Trump has said in his administration, the United States will "speak loudly." And if that's not enough, use the biggest stick in the world – the U.S. military.
As it stands today, the proposed Department of Defense budget for fiscal year 2017 (which will certainly be renegotiated by the new administration and majority in both houses of Congress) is already at $582 billion. Then add another $34 billion a year in weapons exports; this flow of funds is about as strong and steady as any business could hope for.
There are almost 3 million people directly employed by the U.S. Department of Defense. And that doesn't include all the contractors and subcontractors.
In 2015, defense spending made up 54% of all U.S. discretionary spending, but the "supercycle" I've written of before has barely begun.
About the Author
Michael A. Robinson is one of the top financial analysts working today. His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style. His 30-year track record as a leading tech analyst has garnered him rave reviews, too. Today he is the editor of the monthly tech investing newsletter Nova-X Report as well as Radical Technology Profits, where he covers truly radical technologies – ones that have the power to sweep across the globe and change the very fabric of our lives – and profit opportunities they give rise to. He also explores "what's next" in the tech investing world at Strategic Tech Investor.