Barclays: Prepare For A Crash When Trump’s Tax Plan Is AnnouncedRupert Hargreaves
Since Donald Trump was elected as president of the United States at the beginning of November last year, the market has consistently printed new highs thanks to investor optimism surrounding Trump’s proposed tax plans.
However, even though the market remains in a jubilant mood, the number of analysts warning about the practical realities of Trump’s proposed fiscal stimulus and tax plans is growing by the day. Still, the market seems content to buy the rumor. As it yet it remains to be seen if investors will end up selling the news.