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What to Expect From Donald Trump and the Other Candidates in Wednesday’s GOP Debate

The third GOP presidential debate will be focused on the economy, but don’t expect too many details from the candidates.
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The third GOP presidential debate will be focused on the economy, but don’t expect too many details from the candidates. ‘We’ll probably get a lot more rhetoric,’ said David Nelson, chief strategist at the Greenwich, Conn.-based Belpointe Asset Management. ‘None of the candidates on either side of the aisle [have devised a broad economic plan] and we’re getting a lot of sound bites.’ Nelson thinks front-runner Donald Trump will stress his negotiation skills and tout an ability to form better trade deals with other countries. having decades of experience building a multi-billion dollar net worth and real estate empire. ‘He’s talked badly about the North American Free Trade Agreement (NAFTA) and I’m sure he’s going to talk about [the recently formed] Trans Pacific Partnership (TPP) and how he could have cut a better deal,’ Nelson added. Trump has also claimed his tax plan could lift economic growth to 6 percent, a large step up from the 3.9 percent the economy grew during second quarter. Yet, Trump has a harsh stance on immigration, a pro-growth policy, saying he would deport 11 million illegal immigrants. ‘6 percent growth is a pipe dream,’ said Ian Winer, head of equity trading at Los Angeles, Calif.-based Wedbush Securities. ‘Even if Superman were president, I’m not sure we’d get to 6 percent growth.’ TheStreet’s Scott Gamm reports from New York.

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