BAML: Don't Expect Trump Tax Cuts To Impact Markets ImmediatelyMark Melin
As Congressional Republicans are preparing an “extravaganza” of Trump tax cuts, a pair of Bank of America Merrill Lynch economists say that “cutting taxes could be taxing” as they warn markets might be getting ahead of their skies on fiscal stimulus. Some analysts have estimated Trump tax cuts could add $180 billion to the S&P 500.
Trump tax cuts are not likely to happen quickly
Markets appear to be riding high on a “exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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