BAML: Don't Expect Trump Tax Cuts To Impact Markets Immediately – ValueWalk Premium

BAML: Don't Expect Trump Tax Cuts To Impact Markets Immediately

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 “

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