First presidential debate
The presidential candidates had the first debate on September 26, 2016. The major discussion points were foreign policy, the issue of race, and the economy. For the most part, Hillary Clinton seemed to have the upper hand. While Clinton seemed to be prepared, Trump seemed to get his facts wrong—including issues about ISIS, the nuclear arsenal in the US, US trade deficit numbers, and jobs leaving Ohio and Michigan. He also went back on some of his initial statements like climate change being a hoax created by China, calling women slobs and pigs, and his denial of $14 million in loans from his father.
Trump did emerge victorious on some of the issues. He held his ground well for the first part of the debate. Some of the issues where he prevailed were on NAFTA being a bad trade deal, on Clinton’s changing stand on the Trans-Pacific partnership deal, and on NATO countries not contributing their full share to NATO.
On the other hand, Clinton held her ground on Trump’s tax dodging and race issues. She brought out the bad side of Trump’s temperament towards the end of the debate. Lester Holt, the debate moderator, proved to be a significant advantage for Clinton.
Baggage for US travelers
Whether or not Trump wins the presidency, he seems to have already emerged as “baggage” for US travelers. According to Tom McCarthy, a writer for The Guardian, as soon as travelers are identified as being American, questions about Trump start to emerge.
In this series, we’ll discuss how Trump is related to the travel industry, why no companies in the travel industry are funding him, how his own travel businesses are faring under his presidential candidacy, and what his proposed policies could mean for the travel and tourism industries.
Investors can take exposure to travel stocks by investing in the iShares Transportation Average ETF (IYT). IYT invests in United Airlines (UAL), Alaska Air Group (ALK), Delta Air Lines (DAL), and Southwest Airlines (LUV).