Equity prices have surged following Donald Trump’s win. Is a rude awakening ahead? Gina Sanchez of Chantico Global and Boris Schlossberg of BK Asset Management discuss with Brian Sullivan. Gina reminds us that Trump’s plan are reminiscent of the 80’s Reaganomics, where corporations where given tax cuts that brought the rate to 40%. While today corporate rates are lower than 20%, which means that there is no low hanging fruit to be plucked. Additionally, the personal tax cut, as Gina points out, helps the million dollar plus earners whose consumption rate is far less of those who make substantially less money.
Trading Nation:Are stocks now massively overvalued?
By Kris Slawosky|
2021-09-30T14:02:07-07:00
December 29th, 2016|Financial, News, Stocks, Taxes|Comments Off on Trading Nation:Are stocks now massively overvalued?
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