BOA: Tax Reform Will Boost S&P 00 Earnings, But Bad For Economy In Long Run – ValueWalk Premium

BOA: Tax Reform Will Boost S&P 00 Earnings, But Bad For Economy In Long Run

Tax reform bad in the long-term, good in the short-term.

The United States' new tax regime will boost S&P 500 earnings per share by 10% overall to $153 according to analysts at Bank of America Merrill Lynch.

In a report issued today, BoA's analysts have boosted their earnings expectations for the S&P 500 for 2018 to $153 from the previously projected $139. This is slightly lower than . . .

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